Nexen Inc. - 2011-03-17
Description
Intends to issue a notice of redemption, before the end of March, for all US$500 million of its 5.05% senior notes due in 2013.
Nexen also plans to offer to purchase up to US$500 million principal amount of its senior notes through both an Any and All Tender Offer and a Maximum Tender Offer pursuant to an Offer to Purchase dated today which sets forth the terms, conditions and limitations of these offers.
Deutsche Bank Securities Inc. and BNP Paribas Securities Corp. are dealer managers, and D.F. King & Co. Inc. is the depositary and information agent.