Chevron Issues $154 Million Floating Rate Notes Due 2075
Chevron Corporation announced that its wholly owned subsidiary, Chevron U.S.A. Inc. (CUSA), has issued Floating Rate Notes due 2075 with an aggregate principal amount of $154,204,000. The notes are fully and unconditionally guaranteed by Chevron Corporation on an unsecured and unsubordinated basis and will mature on December 9, 2075. Interest on the notes will be paid quarterly at a floating rate equal to Compounded SOFR minus 45 basis points, starting March 9, 2026. The notes were issued pursuant to an Indenture and a Fifth Supplemental Indenture, dated December 9, 2025, with Deutsche Bank Trust Company Americas acting as trustee.
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