CNR Taps Bond Market for Refinancing

摘要

Oil sands producer Canadian Natural Resources has priced out $1.1 billion in unsecured notes that it will use to refinance some of its short-term debt. The company, Canada’s largest producer of oil and gas, priced $600 million worth of five-year notes and $500 million of 10-year notes. The notes carry yields of 2.05% and 2.95%, and mature on Jul. 15, 2025 and 2030, respectively.