Nexen files $1.5 billion shelf

New York, May 17 - Nexen Inc. filed a $1.5 billion shelf in an F-10 registration statement with the Securities and Exchange Commission Tuesday.

Securities covered by the shelf are senior debt securities, subordinated debt securities and common stock. The debt can be issued as convertibles.

Nexen, a Calgary, Alta., energy and chemicals company, will use proceeds for general corporate purposes unless indicated otherwise at the time of sale.

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