Aker BP ASA announces completion of Senior Notes Offering
Aker BP ASA (the “Company”) is pleased to announce that it has successfully completed its senior notes offering (the “Offering”) of (i) $750 million aggregate principal amount of 5.125% Senior Notes due 2034 (the “2034 Notes”) and (ii) $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “2054 Notes”) (the 2034 Notes and 2054 Notes are collectively referred to as the “Notes”). The Company intends to use the net proceeds of the Offering for general corporate purposes and to purchase for cash any and all of its outstanding (i) 3.000% Senior Notes due 2025 (the “