据英国彭博社8月6日援引一位知情人士的话报道称，为了为收购阿纳达科提供部分资金，西方石油公司本周已开始出售债券，预计发行规模将在110亿美元至130亿美元之间，并分为10个部分。

今年春天，西方石油公司出价超过雪佛龙，计划收购阿纳达科公司，这是过去几年最大的石油和天然气并购交易之一。除了承担阿纳达科的债务外，西方石油公司还向阿纳达科提供了380亿美元，其中80％是现金。最初，西方石油公司曾出价提供570亿美元债务的50％（包括现金和剩余的股票价格），但阿纳达科不愿意接受这一出价。西方石油公司随后将交易的现金部分提高到80％，并赢得了阿纳达科董事会的批准。

然而，分析师和专家警告称，西方石油公司将在此次交易中承担大量债务。

西方石油公司尚未完成对阿纳达科的收购，但分析师已经在猜测，西方石油公司可能会剥离哪些阿纳达科资产，以削减其在这笔交易中所承担的部分债务，并在交易完成后专注于核心资产-阿纳达科在美国的页岩区块。

分析师5月对路透社表示，西方石油最有可能的出售的资产出售是阿纳达科的管道业务以及墨西哥湾资产。分析师告诉路透社，阿纳达科的墨西哥湾资产可能至少价值60亿美元，潜在买家可能是埃克森、壳牌、雪佛龙和道达尔等在墨西哥湾拥有丰富经验的大型石油公司。

徐蕾 摘译自 彭博社

原文如下：

Occidental Sells Up To $13B Bonds To Fund Anadarko Acquisition

To help fund part of the acquisition of Anadarko, Occidental Petroleum has started selling bonds this week, with the sale expected in the range of US$11 billion to US$13 billion and divided into 10 parts, Bloomberg News reported, quoting a person familiar with the matter.

This spring, Occidental outbid Chevron to seal one of the largest oil and gas M&A deals of the past few years by buying Anadarko. Occidental offered US$38 billion for Anadarko, 80 percent of it in cash, in addition to the assumption of Anadarko’s debt. Initially, Oxy had offered 50 percent of the US$57-billion debt-including price in cash and the rest in stock, but Anadarko was reluctant to accept this bid. 西方石油公司Oxy then upped the cash portion of the deal to 80 percent and won the approval of Anadarko’s board.

Occidental, however, will be taking on a lot of debt in this transaction, analysts and experts warn.

Occidental hasn’t closed the acquisition of Anadarko yet, but analysts are already speculating about which Anadarko assets Occidental could divest to cut part of the debt it has taken on from the transaction and to focus on the core assets after the deal—Anadarko’s prime U.S. shale acreage.

According to analysts who spoke to Reuters in May, Occidental’s most likely asset sales could be Anadarko’s pipeline business and the assets in the Gulf of Mexico. Anadarko’s GoM position may be worth at least US$6 billion, and potential buyers could be some of the biggest players with experience in the Gulf of Mexico such as Exxon, Shell, Chevron, and Total, analysts told Reuters.