BP bond performance points at rehabilitation for oil giant

Deals in Focus: BP

bp-oil-drums

Oil giant BP returned to the bond markets in October for the first time since the Deepwater Horizon oil rig disaster in the Gulf of Mexico in April, launching two large deals in quick succession. A $3.5 billion issue on September 29 was followed a week later by a €2 billion transaction, both of which were well supported by investors.

“Coming out of the oil spill, BP still had the need to raise finance, both for near-term maturities coming up in 2011, and for general corporate purposes,” says Bre

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: