Aker BP ASA (GB:0M5J) has released an update.
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Aker BP ASA has announced the pricing of its $1.5 billion Senior Notes, split evenly between notes due 2034 and 2054, with interest payable semi-annually. The company plans to use the proceeds for general corporate purposes and to repurchase various outstanding Senior Notes due in 2025 and 2026. The offering’s completion is anticipated around October 1, 2024, and may involve market stabilization activities by initial purchasers.
For further insights into GB:0M5J stock, check out TipRanks’ Stock Analysis page.
