Aker BP Contemplating US Dollar Loan

Nerijus Adomaitis
Wednesday, September 23, 2020

Norwegian independent oil firm Aker BP will hold meetings with fixed-income investors to prepare the ground for a possible U.S. dollar-denominated loan, the company said on Tuesday.

The potential issue of investment-grade senior unsecured notes will be subject to market conditions, Aker BP said in a statement.

It did not say how much money it planned to raise.

The company was not immediately available for comment when contacted by Reuters.

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

Categories: Activity Europe People & Company News Finance People

Related Stories

Harbour Energy Bolsters North Sea Output with Waldorf Assets Buy

DEME Set for Monopiles, Cables Installation Job at Polish Offshore Wind Farm

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

Subscribe for OE Digital E‑News