25th Sep 2020 14:40
(Alliance News) - BP Capital Markets PLC, a unit of oil giant BP PLC, on Friday said it will buy back EUR3.56 billion worth of Euro and Sterling denominated notes under a tender offer.
The unit had launched a tender offer earlier in September for 13 separate note tranches.
The settlement date for the notes purchased under the tender offer will be Tuesday next week. All notes purchased will be cancelled.
Shares in FTSE 100-listed BP were up 0.2% at 232.90 pence each in London on Friday afternoon.
By Tapan Panchal; [email protected]
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