Zhitong Finance App News, China Overseas Development (00688) announced that on December 9, 2022, CNOOC Enterprise Development Group Co., Ltd. obtained the “Securities Regulatory License [2022] No. 3079” document from the China Securities Regulatory Commission to publicly issue corporate bonds with a face value of no more than 15 billion yuan. The issuer issued this bond in installments.
The current bond is divided into two types. Type 1 is abbreviated as “24 CNOOC 01,” and the bond code is 148713; Type 2 is abbreviated as “24 CNOOC 02,” and the bond code is 148714. The issuance scale of this issue is no more than RMB 3 billion (including RMB 3 billion), with a face value of RMB 100 per sheet. The number of bonds issued is no more than 30 million, and the issue price is RMB 100 per sheet.
The term of current bonds is divided into two types. Type 1 is a 3-year fixed interest rate type, and type 2 is a 5-year fixed interest rate type. The two types can call back each other, and the callback ratio is not limited. The issuer and lead underwriter agree to decide whether to exercise the right to transfer between types (if the issuance scale of one type is fully refunded to another type, the current bond is actually changed to a single type).
The current bond type 1 coupon interest rate inquiry range is 2.30%-3.30%; the current bond type 2 coupon interest rate inquiry range is 2.50%-3.50%. The issuer and lead underwriter will request interest rates from investors on April 22, 2024 (T1) and determine the final coupon interest rate for the current bond based on interest rate inquiries.