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.
At first glance, America is mired in presidential showdown, the Republicans and the Democrats are on the brink of war, BLM protesters clash with white cops, and the economy is generally in decline