April 4, 2017 / 10:14 PM / 6 months ago

Cenovus prices $2.9 billion debt offering

(Reuters) - Cenovus Energy (CVE.TO) said on Tuesday it priced a $2.9 billion offering of senior notes to fund the acquisition of assets in Western Canada from ConocoPhillips (COP.N).

Last week, the company agreed to buy oil sands and natural gas assets from ConocoPhillips in a cash-and-stock deal valued at C$17.7 billion ($13.3 billion).

The notes offering is expected to close on or about April 7 Cenovus said in a statement.

Reporting by Komal Khettry in Bengaluru; Editing by Anil D'Silva

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