--- title: "China Oilfield Services Issues CNY5 Billion Guaranteed Notes for Debt Refinancing" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/278464321.md" description: "China Oilfield Services has issued CNY5 billion of 1.95% guaranteed notes due 2029 to refinance existing debt and for general corporate purposes. The notes, priced at par with semi-annual interest, are being syndicated by a consortium of banks, indicating strong market support. This move aims to lower funding costs and extend the debt maturity profile, enhancing the company's financial flexibility. Analysts rate the stock as a Buy with a target price of HK$10.00, reflecting confidence in the company's creditworthiness and operations in the oilfield services sector." datetime: "2026-03-10T00:08:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278464321.md) - [en](https://longbridge.com/en/news/278464321.md) - [zh-HK](https://longbridge.com/zh-HK/news/278464321.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/278464321.md) | [English](https://longbridge.com/en/news/278464321.md) # China Oilfield Services Issues CNY5 Billion Guaranteed Notes for Debt Refinancing ### Claim 70% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential China Oilfield Services ( (HK:2883) ) has provided an update. China Oilfield Services, acting as guarantor, has arranged for its subsidiary issuer to place CNY5 billion of 1.95% guaranteed notes due 2029 with institutional investors outside the United States and Hong Kong. The notes, priced at par and bearing semi-annual interest, are being syndicated by a broad consortium of international and Chinese banks, underscoring sustained market access and debt market support for the group. The company plans to use the net proceeds primarily to refinance existing indebtedness and for general corporate purposes in line with PRC regulations. The transaction should help lower funding costs and extend the debt maturity profile, potentially strengthening the group’s balance sheet and financial flexibility while signaling continued confidence from creditors in its creditworthiness and long-term operations. The most recent analyst rating on (HK:2883) stock is a Buy with a HK$10.00 price target. To see the full list of analyst forecasts on China Oilfield Services stock, see the HK:2883 Stock Forecast page. **More about China Oilfield Services** China Oilfield Services is a mainland Chinese company listed in Hong Kong that operates in the oilfield services sector, supporting exploration and production activities for the energy industry. The group provides technical and operational services to oil and gas companies, positioning itself as a key offshore service provider in the regional energy market. **Average Trading Volume:** 17,703,021 **Technical Sentiment Signal:** Strong Buy **Current Market Cap:** HK$81.38B For a thorough assessment of 2883 stock, go to TipRanks’ Stock Analysis page. ### 相關股票 - [COSL (601808.CN)](https://longbridge.com/zh-HK/quote/601808.CN.md) - [CHINA OILFIELD (02883.HK)](https://longbridge.com/zh-HK/quote/02883.HK.md) ## 相關資訊與研究 - [China Oilfield Services' Controlling Shareholder Boosts Holding](https://longbridge.com/zh-HK/news/260446566.md) - [China Oilfield Services to Present Q3 2025 Results](https://longbridge.com/zh-HK/news/261214511.md) - [CNOOC increased shareholdings in co's A-shares by 705,500 shares for RMB30 mln from Oct 9 to Mar 4](https://longbridge.com/zh-HK/news/277806674.md) - [Why $100 oil is now in sight. Who wins, who loses.](https://longbridge.com/zh-HK/news/278162118.md) - [Australian Oil Company to Host Investor Webinar on California Gas Optimisation](https://longbridge.com/zh-HK/news/278477304.md)