Aker BP ASA (GB:0M5J) has released an update.
Aker BP ASA has completed an offering of senior notes worth $1.5 billion, with the intent to use the proceeds for general corporate purposes and to repurchase its outstanding senior notes due 2025, 2026, and 2054. The repurchase offer saw varied responses, with the highest tender rate being 85.18% for the July 2026 Notes. The company confirmed the acceptance of all validly tendered notes as of the expiration date, with additional notes potentially being purchased through guaranteed delivery procedures.
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