Aker BP ASA (the “Company”) is pleased to announce that it has priced its offering (the “Offering”) of $750 million aggregate principal amount of 4.75% senior notes due 2024 at par (the “Notes”). The size of the offering has been increased from $500 million, indicated at launch on June 10, 2019, to $750 million.
Interest will be payable semi-annually. The Offering is expected to close on or about June 19, 2019, subject to customary conditions precedent for similar transactions. In connection with the Offering, the initial purchasers may engage in stabilizing transactions with a view to