Noble Energy Inc. (NBL) intends to issue an undetermined amount of 10-year bonds in the U.S. bond market Monday, according to a person familiar with the issue.
Noble Energy Inc. (NBL) intends to issue an undetermined amount of
10-year bonds in the
U.S.
bond
market Monday, according to a person familiar with the issue.
The bonds are registered with the Securities and Exchange Commission and are
expected to be rated Baa2 by Moody's Investors Service and BBB by Standard
& Poor's.
The Houston-based independent energy company plans to use the funds to repay
$400 million outstanding under a revolving credit facility, and for general
corporate purposes.
The $400 million under its revolving credit facility was used to repay
outstanding borrowings under a previous credit facility, according to the SEC
filing. That facility had been used to fund a $327 million installment payment
related to the acquisition of a 50% interest in certain oil and natural gas
properties in the Marcellus shale, as well as a capital contribution related to
the development of those properties, the filing says.
Lead underwriters on the deal are Citigroup and J.P. Morgan.
Ακολουθήστε το energia.gr στο Google News!Παρακολουθήστε τις εξελίξεις με την υπογραφη εγκυρότητας του energia.gr
Διαβάστε ακόμα
Παρ, 4 Ιουλίου 2025 - 08:47
Παρ, 4 Ιουλίου 2025 - 08:38
Πεμ, 3 Ιουλίου 2025 - 08:02
Πεμ, 3 Ιουλίου 2025 - 08:01
Τετ, 2 Ιουλίου 2025 - 08:34