-- Ovintiv (OVV) said late Thursday it has completed the previously announced all-cash sale of its Anadarko Basin assets in Oklahoma for $3 billion.
After adjustments, the company expects about $2.85 billion in proceeds, mainly to reduce debt and bolster its balance sheet.
The company also announced it has issued a notice to fully redeem its $700 million of 5.650% notes due 2028, with redemption set for April 20.