CNOOC Finance 2003 Limited, incorporated in Hong Kong, serves as the finance arm of China National Offshore Oil Corporation (CNOOC), a leading oil and gas producer. The company aims to optimize financing solutions and manage funding needs for its parent organization through various financial instruments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CNOOC 5.50% 2033-05-21 USDCNOOC Finance 2003 Limited | British Virgin Islands | 2033-05-21 | 5.500 | 4.28 |
| CNOOC 5.50% 2033-05-21 USDCNOOC Finance 2003 Limited | British Virgin Islands | 2033-05-21 | 5.500 | 4.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, CNOOC Finance has been an active player in the bond market, beginning its bond issuances in 2004. Notably, in 2019, the company issued a substantial $1 billion bond, which attracted significant investor interest due to its competitive yield compared to industry averages. CNOOC Finance bonds feature attractive aspects such as callable options and fixed-rate structures, contributing to their appeal among retail investors. Recent news highlights a strong demand for these bonds, demonstrating investor confidence in CNOOC's robust operational framework.