Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Oxy to Buy Back $2.5bn of Debt

Oxy to Buy Back $2.5bn of Debt

Occidental (Oxy) is buying back $2.5bn of its bonds in an effort to cut its debt after reporting strong earnings. Its net income in Q4 2021 stood at $1.3bn as compared to a loss of $1.3bn in Q4 2020. The positive results come after average WTI and Brent prices were at...
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