Aker BP ASA announces launch of offering of U.S. dollar-denominated Senior Notes
Aker BP ASA (the “Company”) announced today that it has launched a multi-tranche offering (the “Offering”) of U.S. Dollar-denominated Rule 144A/Regulation S senior unsecured notes (the “Notes”). The interest rate, offering price and certain other terms will be determined at the time of pricing of the Notes, subject to market conditions. Concurrently with the Offering, the Company is also making an offer to purchase (a) any and all of its outstanding 3.000% Senior Notes due 2025 and (b) up to $500 million (less the amount validly tendered and accepted for purchase pursuant to the tender