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Exxon planning $12 billion bond sale to build war chest

2016-03-01 04:55:42| Chemicals - Topix.net

Exxon Mobil, the Irving-based oil giant at risk of losing its top-notch credit rating, is planning to raise $12 billion in its biggest bond offering as it seeks funds for future acquisitions and other business opportunities. The world's largest oil company is offering debt in eight parts at above average yields, according to a person with knowledge of the matter.

Tags: sale war planning build

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