Halliburton raises $10.6B for merger

OILFIELD services giant Halliburton has offered $US7.5 billion ($A10.64 billion) worth of senior notes in five tranches to fund its $34.6 billion friendly takeover of rival Baker Hughes amid doubts that the marriage will ever be consummated.

10 November 2015
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Halliburton said it would issue the notes at an average combined interest rate of 4%, with maturity between 2020 and 2045.

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