Pre-marketing for China Oilfield Services begins

Credit Suisse First Boston and Merrill Lynch launch a $250 million to $350 million IPO for CNOOC group company, China Oilfield Services Ltd.
October 18, 2002

At a time when the primary markets have been able to offer little but defensive equity plays with high dividend yields, joint bookrunners CSFB and Merrill are attempting to sell a growth stock tied to the development of China's offshore oil reserves.

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