Cnooc $4bn record-breaker opens door to smaller SOEs
China National Offshore Oil Corp’s $4bn four tranche deal is the biggest bond in Asia ex-Japan since 2003 and follows other recent jumbo-sized bonds from state-owned enterprises. More SOEs are lining up but deal size is likely to shrink.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts