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BP Prices A$500 Million 5-Year Notes At Swap +115 Bps - Source

By Enda Curran SYDNEY--BP PLC (BP) has raised 500 million Australian dollars (US$518 million) in a debut corporate bond issue in Australia. The five-year debt, known as Kangaroo bonds, priced at 115 basis points over the underlying swap rate, said people familiar with the matter. Kangaroo bonds are those issued by foreign borrowers denominated in Australian dollars. Write to Enda Curran at enda.curran@wsj.com

Stock News for Bp (BP)
DateTimeHeadline
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05/17/201312:41:22LONDON MARKETS: Banks Lift U.K. Stocks To 51/2-year High
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05/16/201308:40:09Glencore Xstrata Appoints Former BP CEO As Interim Chairman
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