Source Pravda.Ru

Canadian Natural Resources Ltd Sales

Canadian Natural Resources Ltd., a senior independent oil and natural gas exploration, development and production Alberta company focusing in Western Canada, the North Sea and Offshore West Africa, announced that it has priced U.S. $350 million principal amount of 5.45% unsecured notes due October 1, 2012 and U.S. $350 million principal amount of 6.45% unsecured notes due June 30, 2033, which will be sold to investors in the United States. The 5.45% unsecured notes were sold at a price of 99.836% per note to yield 5.471% to maturity. The 6.45% unsecured notes were sold at a price of 99.482% per note to yield 6.490% to maturity.

Money received from the sale will be used primarily to repay bank indebtedness.

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&to=http://www.nrcan-rncan.gc.ca/inter/index_e.html' target=_blank>Canadian Natural Resources

The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?

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