British oil major BP raises nearly $12 billion in hybrid bonds issue
17 Jun British oil major BP raises nearly $12 billion in hybrid bonds issue
Posted at 09:47h
in
News
by KMFSLLP
British oil major BP Plc has
raised $11.9 billion in debt through an issue of hybrid bonds in
multiple currencies, a spokeswoman told Reuters in an emailed
statement, as the company seeks to take advantage of low
interest rates to fortify its balance sheet.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/xbRT7LhHZnM)
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