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BRIEF-China Oil & Gas updates on issuance of US$350 mln 4.625 pct senior notes due 2022
April 12, 2017 / 1:13 AM / 3 months ago

BRIEF-China Oil & Gas updates on issuance of US$350 mln 4.625 pct senior notes due 2022

1 Min Read

April 12 (Reuters) - China Oil & Gas Group Ltd:

* China Oil & Gas-issuance Of US$350,000,000 4.625 pct Senior Notes Due 2022

* On 11 April 2017, co and subsidiary guarantors entered into purchase agreement with Deutsche Bank and Morgan Stanley in connection with notes issue

* Gross proceeds of notes issue, before deduction of underwriting commissions and other estimated expenses, will amount to US$350 million

* Intends to use net proceeds from notes issue to repay certain existing indebtedness including 2013 notes Source text for Eikon: Further company coverage:

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