China's Anton Oilfield to begin marketing second tranche MTNs Aug. 7

By Marisa Wong

Madison, Wis., Aug. 2 - Anton Oilfield Services Group said its wholly owned subsidiary, Anton Oilfield Services (Group) Ltd., will begin marketing its second tranche of medium-term notes to investors in China's interbank market on or around Aug. 7.

Pricing will be determined through a bookbuilding exercise.

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. On June 27, the company announced that it was rescheduling the notes issuance to the third quarter of 2013.

Based in Beijing, Anton Oilfield provides technical oil and gas field development services.

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