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Aker BP Secures USD 3.2 Billion Refinancing

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Aker BP Secures USD 3.2 Billion Refinancing

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The latest update is out from Aker BP ASA ( (GB:0M5J) ).

Aker BP has successfully refinanced its revolving credit facilities with a syndicate of international banks, securing a total of USD 3,225 million. This refinancing strengthens Aker BP’s financial position, providing increased flexibility to support its strategic ambitions, with both facilities being oversubscribed, indicating strong interest from banking partners.

The most recent analyst rating on (GB:0M5J) stock is a Hold with a NOK288.00 price target. To see the full list of analyst forecasts on Aker BP ASA stock, see the GB:0M5J Stock Forecast page.

More about Aker BP ASA

Aker BP is a leading exploration and production company focused on oil and gas operations on the Norwegian continental shelf. The company operates several field centers including Alvheim, Edvard Grieg, Ivar Aasen, Skarv, Ula, and Valhall, and is a key partner in the Johan Sverdrup field. Headquartered in Fornebu, Norway, Aker BP is listed on the Oslo Børs under the ticker AKRBP.

Average Trading Volume: 858,301

Current Market Cap: NOK166.1B

For a thorough assessment of 0M5J stock, go to TipRanks’ Stock Analysis page.

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