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Published on 2/10/2010 in the Prospect News Emerging Markets Daily.

New Issue: PetroChina wraps RMB 11 billion issue of 4.6% notes due 2017

By Lisa Kerner

Charlotte, N.C., Feb. 10 - PetroChina Co. Ltd. said it issued RMB 11 billion of 4.6% seven-year medium-term notes in a deal that settled on Monday.

The offering was the first tranche of medium-term notes in 2010.

Citic Securities Co., Ltd. and China Construction Bank Corp. are the lead underwriters.

PetroChina is a Beijing-based energy firm.

Issuer:PetroChina Co. Ltd.
Issue:Medium-term notes
Amount:RMB 11 billion
Maturity:2017
Underwriters:Citic Securities Co., Ltd. and China Construction Bank Corp.
Coupon:4.6%
Price:Par
Yield:4.6%
Settlement date:Feb. 8

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