UPDATE 1-British oil major BP raises $12 bln in debt, says FT
June 17, 2020 at 19:06 PM EDT
British oil major BP Plc raised $12 billion of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet, the Financial Times (FT) reported https://www.ft.com/content/6213ac92-9d7b-41da-9353-a2be17a37a96 on Wednesday.