CDS On ConocoPhillips To Narrow Amid Asset Sale

12 Oct 2009

A plan by ConocoPhillips to sell assets as a way of reducing its debt may help narrow credit default swap spreads on the oil and gas company.

A plan by ConocoPhillips to sell assets as a way of reducing its debt may help narrow credit default swap spreads on the oil and gas company. Last week, ConocoPhillips announced that it is looking to slash its 2010 capital budget by 12% and unload USD10 billion in ...

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