US investors drive pricing on $4 billion Cnooc bond

Cnooc prices its first SEC-registered deal, printing through its curve and attracting strong demand from US investors.

<div style="text-align: left;"> Cnooc agreed last year to buy Canada’s Nexen for $15.1 billion</div>

Denise Wee

May 06, 2013

China National Offshore Oil (Cnooc), the mainland’s third-biggest oil and gas company, closed the largest dollar bond from an Asian borrower in a decade early Friday morning.

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