Aker BP ASA announces pricing of Senior Notes Offering
Aker BP ASA (the “Company”) is pleased to announce that it has priced its offering (the “Offering”) of $500 million aggregate principal amount of 5.600% Senior Notes due 2028 (the “2028 Notes”) at a price equal to 99.910% of the aggregate principal amount thereof and $1,000 million aggregate principal amount of its 6.000% Senior Notes due 2033 (the “2033 Notes”) at a price equal to 99.762% of the aggregate principal amount thereof (the 2028 Notes and 2033 Notes together, the “Notes”). Interest will be payable semi-annually. The Company intends to use the net proceeds of the Offering (a)