Occidental upsizes cash tender offer cap to $1.2 billion for senior notes and debentures

Reuters
Mar 05
Occidental upsizes cash tender offer cap to $1.2 billion for senior notes and debentures

Occidental Petroleum increased the maximum amount of notes it will repurchase in its cash tender offers and related consent solicitations to $1.2 billion from $700 million, while keeping a $58 million sub-cap for its zero-coupon notes due 2036. As of the early tender deadline, Occidental accepted all tendered 0% 2036 and 6.125% 2031 notes, and a prorated portion of 6.625% 2030 notes, with no acceptance of its 2029 debentures; early settlement is expected March 9, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OXY - Occidental Petroleum Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603050645PRIMZONEFULLFEED9666469) on March 05, 2026, and is solely responsible for the information contained therein.

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