Gulf well stakeholder sells bonds
Anadarko Petroleum, which owns 25 per cent of the Macondo well at the centre of the Gulf of Mexico oil spill, said yesterday it sold $2bn worth of bonds and will now not need a $1.5bn loan it previously lined up. Anadarko said it raised $6.5bn in financing commitments, in part to pay for potential liability from the Gulf of Mexico oil spill. BP:?