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Aker intends to price five-year and 10-year senior notes
By Devika Patel
Knoxville, Tenn., Jan. 8 – Aker BP ASA announced that it plans to conduct a Rule 144A and Regulation S offering of five-year and 10-year senior notes, according to a press release.
Proceeds will be used to partially repay the company’s revolving credit facility and for general corporate purposes.
Aker BP is an oil exploration and development company based in Trondheim, Norway.
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