China's Anton Oilfield delays issuance of second tranche MTNs to Q3

By Marisa Wong

Madison, Wis., June 27 - Anton Oilfield Services Group said its wholly owned subsidiary, Anton Oilfield Services (Group) Ltd., has decided to reschedule its previously announced issuance of medium-term notes to the third quarter of 2013.

In May 2012, the company registered to issue RMB 500 million of medium-term notes in China and completed the first tranche totaling RMB 300 million. A second tranche totaling RMB 200 million was planned for the fourth quarter of 2012, but the company announced in November 2012 that it would postpone the issue until the second quarter of 2013.

The Beijing-based company said on Thursday that it will make a further announcement once the proposal for the second tranche is finalized.

Anton Oilfield provides technical oil and gas field development services.

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