DGAP-News: BP p.l.c.: bp provides update on progress towards $35 billion net debt target bp provides update on progress towards $35 billion net debt target 06.04.2021 / 08:30 press release bp provides update on progress towards $35 billion net debt target bp today provides an update on the expected timing of reaching its $35 billion net debt target including the delivery of disposal proceeds and performance during the first quarter of 2021. "We are pleased to announce that we now expect to have reached our $35 billion net debt target during the first quarter 2021. This is a result of earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter. We look forward to updating the market at our first quarter results, including further information on share buybacks."