Equinor: raises 1 billion dollars in 10-year bond issue
(CercleFinance.com) - Norwegian oil firm Equinor has issued bonds totalling 1 billion dollars maturing in 2028, with an coupon of 3.
625%, the company said on Thursday.
The offer was fully subscribed, it said in a statement.
The net proceeds from the issue will be used for general corporate purposes, which may include the repayment or repurchase of existing debt, Equnior said.
The transaction should increase the company's financial flexibility.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
625%, the company said on Thursday.
The offer was fully subscribed, it said in a statement.
The net proceeds from the issue will be used for general corporate purposes, which may include the repayment or repurchase of existing debt, Equnior said.
The transaction should increase the company's financial flexibility.
Copyright (c) 2018 CercleFinance.com. All rights reserved.