BP plc (LON:BP) Offers Debt

BP plc (LON:BP) has sold dollar-based debt worth $3.7 billion with the increase in oil prices. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full BP chart at Wikinvest BP plc (LON:BP) Offers Debt London-based energy company BP plc (LON:BP) has sold U. S. dollar-based $3.7 billion of debt, as the market has been encouraged by the rise of crude oil prices. The company issued 3.2 percent 5-year notes and 4.7 percent 10-year notes which yields 100 and 120 basis points respectively. BP plc (LON:BP) also sold $700 floating-rate bonds. BP plc (LON:BP) has marketed its $500 million of securities. The Gulf of Mexico oil spill has increased the demand for the sale. The rise in the price of crude oil by 15 percent in New York also accelerated the sale. BP plc (LON:BP) company shares stood at 489.45 at the end of the last trading session. Price History Last Price: 489.45 52 Week Range: 296.00- 658.20 Last Vol: 7809147 3 Month Vol: 102554000
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