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: People & Company News Finance People Activity Europe

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