Aker BP raises $1bn from senior notes offering due 2035

Aker BP ASA announced the completion of its senior notes offering, raising $1,000 million in aggregate principal amount of 5.250% senior notes due 2035. The proceeds from this offering are earmarked for general corporate purposes, reinforcing the company's financial position.

The offering was conducted under specific regulatory conditions, primarily targeting "qualified institutional buyers" in the United States under Rule 144A and "qualified investors" in the European Economic Area and the United Kingdom. This ensures compliance with financial regulations.

Aker BP is a prominent player in oil and gas, known for its operations in fields such as Alvheim, Edvard Grieg, and Johan Sverdrup. The company emphasizes that this announcement is for informational purposes only.