China Overseas Development (00688) issued an announcement that CNOOC Enterprise Development Group Co., Ltd. (hereinafter referred to as the “Issuer”)...
Zhitong Finance App News, China Overseas Development (00688) announced that the public issuance of corporate bonds not exceeding RMB 15 billion by CNOOC Enterprise Development Group Co., Ltd. (hereinafter referred to as the “issuer”) has obtained the China Securities Regulatory Commission's Securities Regulatory License [2022] No. 3079. According to the “Notice on the Public Issuance of Corporate Bonds by CNOOC Enterprise Development Group Co., Ltd. to Professional Investors in 2024”, CNOOC Enterprise Development Group Co., Ltd. publicly issues corporate bonds (the first issue) (hereinafter referred to as “current bonds”) to professional investors in 2024. The issuance price is 100 yuan per sheet, and the issuance price is 100 yuan each, using the method of online inquiry and placement with professional institutional investors. Current bonds are divided into two types: Type 1 (bond code: 148713; bond abbreviation: 24 CNOOC 01) is a 3-year fixed interest rate bond; Type 2 (bond code: 148714; bond abbreviation: 24 CNOOC 02) is a 5-year fixed interest rate bond.
The current bond issue period is from April 23, 2024 to April 24, 2024. The details of the issuance are as follows:
1. In the end, the offline distribution of “24 CNOOC 01” went back to category 2; the “24 CNOOC 02” distribution scale was 3 billion yuan, the coupon interest rate was 2.68%, and the subscription ratio was 2.1 times.
2. The issuer's directors, supervisors, senior management, shareholders holding more than 5% of the shares, and other related parties did not participate in the current bond subscription.
After verification, the lead underwriter of the current bond and its related parties participated in the subscription of the current bond for a total of 530 million yuan. The price was fair and the procedures were in accordance with the regulations.