China Oilfield attracts enthusiastic demand for $1 billion debut bond

Strong investor response and tight pricing mark a successful maiden international bond issue from China Oilfield.

China Oilfield attracts enthusiastic demand for $1 billion debut bond

China Oilfield Services COSL is the latest mainland oil and gas company to tap the international bond markets, attracting strong demand for a 10-year issue priced late on Thursday night.

COSL, the leading oilfield services provider in the offshore Chinese market, achieved a low coupon and a tight yield spread. The $1 billion debut issue was launched after a braceĀ of Chinese oil and gas issues in the second quarter of this year....

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