April 20, 2018 / 2:10 PM / in 6 months

BRIEF-CNOOC Updates On Proposed Notes Issue To Be Guaranteed By Co

April 20 (Reuters) - CNOOC Ltd:

* UNIT PROPOSES TO OFFER NOTES TO PROFESSIONAL INVESTORS IN HONG KONG AND ELSEWHERE OUTSIDE UNITED STATES, AND IN UNITED STATES

* NOTES ARE EXPECTED TO BE ISSUED BY CNOOC FINANCE U.S.A. AND GUARANTEED BY COMPANY

* PROCEEDS OF PROPOSED NOTES ISSUE WILL BE USED IN PART TO REPAY ALL OR PART OF CERTAIN OUTSTANDING BORROWINGS OF A UNIT Source text for Eikon: Further company coverage:

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