
BP LP, a subsidiary of BP plc headquartered in London, was founded with the purpose of participating in global energy markets, focusing on oil and gas production and exploration. The company primarily offers upstream and downstream energy services, including refining, distribution, and renewable energy initiatives.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BPLPCA 3.23% 2026-04-15 CADBP LP | Canada | 2026-04-15 | 3.232 | 3.74 |
BPLPCA 3.49% 2029-04-16 CADBP LP | Canada | 2029-04-16 | 3.489 | 3.78 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BP LP has a history of bond issuance dating back to the mid-1990s, playing a vital role in its financing strategy. Significant issuances include their $2 billion debt offering in 2020, aimed at funding a transition towards cleaner energy solutions. As of late 2023, BP LP's corporate bonds yield around 4.5%, competitive within the integrated energy sector. Notably, the firm has also issued green bonds to support sustainable projects, reflecting its commitment to environmental responsibility amid the evolving energy landscape.