29 March 2024
BG Group adds further financing firepower
Publication date: 31 October 2011
Gas Strategies Group
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BG Group on Friday raised £750 million ($1.visual_editor billion) in sterling-denominated bonds, supplementing a $3 billion US bond issue earlier this month. The two issuances, added to $5.75 billion in existing funding facilities, will support BG Group’s ambitious growth plans. And BG Group announced on Monday that former Schlumberger chief executive Andrew Gould – currently serving as Schlumberger’s chairman – will replace Robert Wilson as BG Group chairman in May visual_editor01visual_editor.