CHINA OILFIELD (02883): Issuance of 5 billion RMB guaranteed notes with a fixed interest rate of 1.95% due in 2029.
CNOOC Oilfield Services (02883) announced that on March 9, 2026, the company, together with the issuer and the underwriter, entered into a subscription agreement for the issuance of a total of 5 billion RMB notes. The group intends to use the net proceeds primarily for repayment of its existing debts and general corporate purposes in accordance with applicable Chinese laws and regulations.
CHINA OILFIELD (02883) announces that on March 9, 2026, the company, together with the issuer and underwriter, entered into a subscription agreement for the issuance of RMB 5 billion worth of notes. The group intends to use the net proceeds primarily to repay existing debts and for general corporate purposes in accordance with applicable Chinese laws and regulations.
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