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Prospect News home > News index > List of issuers C > Headlines for China National Petroleum Corp. > News item
Published on 7/18/2017 in the Prospect News Convertibles Daily.

New Issue: China National Petroleum sells RMB 10 billion 1% bonds exchangeable for PetroChina shares

By Stephanie N. Rotondo

Seattle, July 18 – China National Petroleum Corp. issued RMB 10 billion of 1% bonds exchangeable for PetroChina Co. Ltd. series A shares, according to a regulatory filing.

China National, a Beijing-based state-owned oil and gas company, is the controlling shareholder of PetroChina.

Issuer:China National Petroleum Corp.
Exchange security:PetroChina Co. Ltd
Securities:Exchangeable bonds
Amount:RMB 10 billion
Coupon:1%
Stock symbol:Shanghai: 601857
Stock price:RMB 8.06
Market capitalization:RMB 1.407 trillion

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