Fluor closes senior notes offering

Fluor Corp.

Fluor Corp. (NYSE: FLR) has closed its offering of $500 million in aggregate principal amount of 3.500% senior unsecured notes due 2024.

“Our ability to issue attractively priced senior notes and initiate a $1 billion share repurchase program while maintaining our strong credit rating demonstrates Fluor’s strong financial position,” said Chairman and CEO David Seaton. “We will continue to strive to enhance shareholder value while maintaining a sound capital structure.”

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...