|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
|redeemed||United Arab Emirates||**/**/****||1,250,000,000 USD||***/***/***|
The cost of your order is $50
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Please find user agreement here
|Bond type||Coupon bonds|
|Placement method||Open subscription|
The net proceeds to be received by us from the sale of the bonds offered hereby will be equivalent to approximately $1,244,375,000, after deduction of underwriting commissions and payment of offering expenses. We will use the net proceeds from the offering of the bonds, together with the proceeds from the DEL Debt Facilities and the proceeds from the repayment to us of the Existing Upstream Loans, to (i) refinance our outstanding $2,450 million term loan facility; (ii) refinance our $1,000 million outstanding Islamic finance facility; (iii) finance approximately $580 million of capital expenditures relating to the construction of the Taweelah–Fujairah Pipeline, comprising approximately $507 million of future capital expenditures and approximately $73 million to be paid to our shareholders as a Distribution (to bring to approximately 30% the share of the projected capital costs of the Taweelah- Fujairah Pipeline that have already been funded by them through cash calls); (iv) pay approximately $110 million of financing fees, premiums and expenses attributable to the financing; and (v) make a loan to DIC in an amount equal to approximately $1,275 million. We can make no assurance that the Finance Plan will be completed as mentioned. Subject to any further qualifications or conditions in a Secured Debt Instrument, we will apply the proceeds of the Initial Secured Debt and Supplemental Debt solely towards (i) repaying the Existing Islamic Finance Facility and the Existing Term Loan Facility (together the ‘‘Existing Bridge Facilities’’); (ii) extending the DEL-DIC On-Loan to DIC; (iii) paying Financing Costs; (iv) making payments in connection with capital expenditures related to the construction of the Taweelah–Fujairah Pipeline; and (v) to the extent that there is any surplus, making distributions to our Shareholders. DIC will apply the proceeds of the DEL-DIC On-Loan solely towards (i) repaying the Existing Upstream Loan owed to us by DIC and (ii) paying Financing Costs. Oxy Upstream will apply the proceeds of the I
|Par amount, integral multiple||1,000 USD|
|Nominal of international bonds||1,000 USD|
|Minimum settlement amount||100,000 USD|
|Outstanding principal amount||0 USD|
|Current coupon rate||5.888%|
|Day count fraction||***|
|Coupon frequency||2 time(s) per year|
|Interest accrual date||**/**/****|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|06/13/2019||*** / *** (*** / ***)||*** (***)||***||***||Archive|
|Supranational bond issues|
|ISIN / ISIN RegS||USM28368AA21|
|CUSIP / CUSIP RegS||M28368AA2|
|Common Code / Common Code RegS||044286939|
|Common Code 144A||044286963|
|CFI / CFI RegS||DBFSGR|
|FIGI / FIGI RegS||BBG0000J35C9|
|WKN / WKN RegS||A1AKU7|
|Ticker||DOLNRG 5.888 06/15/19 REGS|
|Issuer rating on issue date (M/S&P/F)||***/***/***|
|Initial issue price (yield)||***% (*.***%)|
|Spread over US Treasuries, bp||***.**|
|Bookrunner:||BNP Paribas, RBS, First Abu Dhabi Bank, Abu Dhabi Commercial Bank|