Royal Dutch Shell Plc  .com Rotating Header Image

Motiva Enterprises launches $2 bln of debt

REUTERS

NEW YORK, Jan 6 (Reuters) – Motiva Enterprises LLC [MOTIV.UL] on Wednesday sold $2.0 billion of debt in two parts, said IFR, a Thomson Reuters service.

The offering included $1.0 billion of 10-year notes priced to yield 200 basis points over comparable U.S. Treasuries and $1.0 billion of 30-year bonds yielding 225 basis points over U.S. Treasuries.

The joint lead managers on the sale were Credit Suisse and JP Morgan.

Motiva is a joint-venture between Saudi Refining and Shell Oil Co, the U.S. unit of Royal Dutch Shell Plc (RDSa.L).

(Reporting by Caryn Trokie, Additional reporting by John Parry, Editing by Chizu Nomiyama)

REUTERS ARTICLE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.