Home / Business / Energy Tools: Save | Print | E-mail | Most Read | Comment
China Oilfield Services to issue 6 bln yuan in domestic bonds
Adjust font size:

Offshore field services provider China Oilfield Services Ltd. said on Wednesday it will issue up to 6 billion yuan (US$882.4 million) worth of domestic bonds.

This is the third large domestic oil company to announce a bond issue in China recently. Sinopec and PetroChina have announced plans to issue 20 billion yuan and 60 billion yuan of bonds, respectively.

China Oilfield's plan was passed by the board of directors on Tuesday and will be presented to a shareholders' meeting, the company said in a statement to the Shanghai Stock Exchange.

Further details will be released on Thursday, said the statement.

Shares of China Oilfield rose 1.31 percent to 10.82 yuan on Wednesday in morning trading.

(Xinhua News Agency November 26, 2008)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China Oilfield Services forecasts 95% rise in 2007 net profit
- China Oilfield Services shares double on debut
Most Viewed >>
- IMF: Asia facing sharply slowing growth
- APEC meeting ends with declaration
- PetroChina signs LNG deal with Shell
- KPMG said to be cutting jobs
- Citigroup China head tries to reassure clients
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?