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Aker BP ASA Prices $1 Bln Senior Notes Offering

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Norway-based energy business Aker BP ASA (AKRBP) on Tuesday announced
99.531 percent as the price of its offering of 5.25 percent Senior Notes due 2035 to raise $1 billion.

Interest on the notes would be payable semi-annually.

The company intends to use the net proceeds of the offering for general
corporate purposes, it said in a statement.

The offering is expected to close on or about October 30.

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