China Oil and Gas plans to redeem notes due 2022 via new notes

By Wendy Van Sickle

Columbus, Ohio, June 21 – China Oil and Gas Group Ltd. is planning to redeem its 4 5/8% notes due 2022 issued on April 20, 2017 using proceeds of an offering of new dollar-denominated senior notes, according to a notice.

Additional proceeds will be used for general corporate purposes.

HSBC and Morgan Stanley are the joint global coordinators, joint bookrunners and joint lead managers for the offering.

Hong Kong-based China Oil and Gas invests in natural gas and energy-related businesses.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.