British oil major BP Plc raised $12 billion (9.56 billion pounds) of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet, the Financial Times (FT) reported on Wednesday.
UK: British oil major BP raises $12 billion in debt, says FT
![UK: British oil major BP raises $12 billion in debt, says FT]()
Reviewed by Shahid Karimi
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June 17, 2020
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