11 August 2021
The Appleby team was led by Asia Group Head, Partner Judy Lee and assisted by Partner, Paul Cheuk and Legal Manager, Minnie Choi.
The notes issuance is the fifth senior notes issuance by the Company since 2013 and Appleby has acted in all issuances, including the related tap issues, totalling USD1.72 billion.
China Oil and Gas is a national piped gas operator in China focused on providing natural gas to end customers through the operation of its own natural gas branch pipelines and city-gas distribution networks. It also operates liquefied natural gas processing plants, transports and distributes liquefied natural gas and compressed natural gas, builds and operates vehicle refuelling stations and designs and constructs natural gas pipelines. It has an established portfolio of branch pipelines and city-gas concession rights over an extensive geographic area in China. The Company is listed on Main Board of the Hong Kong Stock Exchange. The senior notes are listed on the Singapore Exchange.
Judy commented “We are pleased to once again provide Bermuda and BVI counsel to the company, further cementing the team’s reputation as leading specialists for capital markets transactions”.