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BP forgiven by US investors in remarkable bond return.
- Source :
- Euroweek; 10/1/2010, Issue 1174, p1-15, 2p, 1 Graph
- Publication Year :
- 2010
-
Abstract
- The article reports on BP Capital Markets' issuance of five- and 10-year bonds. BP, rated by Moody's and Fitch at A2/A, issued bonds worth 3.5 billion U.S. dollars with a guidance at 200 basis points over the government bond for the five-year bonds and 215 basis points for the 10-year bonds. Despite issues surrounding the Deep Water Horizon oil spill, 90% of the bonds were sold to U.S. investors.
Details
- Language :
- English
- ISSN :
- 09527036
- Issue :
- 1174
- Database :
- Complementary Index
- Journal :
- Euroweek
- Publication Type :
- Periodical
- Accession number :
- 54959551