Crude Oil Brokers Scam Blog
Thursday 25 June 2020
Oxy plans junk bond sale, multi-billion writedown to help tackle debt
Occidental has been under pressure ever since outbidding Chevron to win the purchase of Anadarko Petroleum last year. The deal saddled Oxy with some $40 billion of debt that was looking hard to pay off even before Covid-19 reduced global oil demand. More »
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