Noble Energy has raised $850 million in a sale of senior unsecured notes, Reuters reports. The Houston-based energy company’s notes carry a coupon rate of 6% and are due to mature on March 1, 2041.
The size of the transaction was initially planned for $750 million. Noble appointed Bank of America Merrill Lynch, Barclays, Citigroup, JP Morgan and Wells Fargo Securities as the joint bookrunning managers for the deal.
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