BP plc. (BP) has released an update.
BP plc has announced the issuance of a series of Guaranteed Notes totaling $2.5 billion, with varying maturity dates ranging from 2027 to 2034. The notes have been fully authorized and are considered valid and legally binding obligations of the company, in accordance with English law and the laws of New York and Delaware. This move is set to bolster BP’s financial structure and provide investors with new opportunities in the fixed-income market.
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