More SOEs to follow CNOOC’s $4bn triumph
The $4bn four tranche bond from China National Offshore Oil Corp (CNOOC) that was priced last Thursday was the biggest bond in Asia ex-Japan since 2003. It followed other recent jumbo-sized bonds from state-owned enterprises, but although more Chinese SOEs are lining up, deal size is expected to start 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