Chicago, Nov. 21 – China's Anton Oilfield Services Group priced $300 million of 7½% three-year senior notes (B1) at 99.015 on Thursday, according to a notice.
Nomura International plc, Admiralty Harbour Capital Ltd. and UBS AG Hong Kong Branch are the joint global coordinators, joint bookrunners and joint lead managers of the Regulation S deal.
The proceeds will be used to refinance existing debt.
Based in Beijing, Anton Oilfield provides technical oil and gas field development services.
| Issuer: | Anton Oilfield Services Group
|
| Amount: | $300 million
|
| Maturity: | Dec. 2, 2022
|
| Description: | Senior notes
|
| Global coordinator: | Nomura International plc, Admiralty Harbour Capital Ltd. and UBS AG Hong Kong Branch
|
| Coupon: | 7½%
|
| Price: | 99.015
|
| Call options: | Make-whole call prior to Dec. 2, 2021 and then at 103.75 after Dec. 2, 2021
|
| Equity clawback: | For up to 35% at 107.5
|
| Trade date: | Nov. 21
|
| Settlement date: | Dec. 2
|
| Expected rating: | Moody's: B1
|
| Distribution: | Regulation S
|
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