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Murphy Oil Corporation Announces Pricing of $500 Million of 6.500% Senior Notes Due 2034
HOUSTON, January 09, 2026--Murphy Oil Corporation (the "Company") (NYSE: MUR) announced today that it has priced an offering of $500 million of 6.500% Senior Notes due 2034 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC").
About this update from Murphy Oil Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":247,"url":"https://media.zenfs.com/en/business-wire.com/7050acacc97d925f39b67146b8bd3d10"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GYl9UyDJq5sPcJAoNa3AQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ5NDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7050acacc97d925f39b67146b8bd3d10","width":480,"height":247}},"lazy":false},{"type":"text","content":"HOUSTON, January 09, 2026--(BUSINESS WIRE)--Murphy Oil Corporation (the "Company") (NYSE: MUR) announced today that it has priced an offering of $500 million of 6.500% Senior Notes due 2034 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC").","length":333,"tagName":"p"},{"type":"text","content":"The Company expects to close the offering on January 23, 2026, subject to customary closing conditions, and expects to use the net proceeds from the offering, (i) to fund the redemption in full of its 5.875% notes due 2027 and its 6.375% notes due 2028 (together, the "Existing Notes"), together with the payment of related premiums, fees and expenses in connection with the foregoing, (ii) to repay its outstanding borrowing under its revolving credit facility, (iii) to cover transaction related fees and expenses and (iv) for general corporate purposes.","length":566,"tagName":"p"},{"type":"text","content":"BofA Securities is acting as physical book-running manager for the offering. The offering is being made under an automatic shelf registration statement on Form S-3 (Registration No. 333-282655) filed by the Company with the SEC and only by means of a prospectus supplement and accompanying prospectus. An investor may obtain free copies of the prospectus supplement and accompanying prospectus related to the offering by visiting EDGAR on the SEC website, www.sec.gov, or by contacting:","length":486,"tagName":"p"},{"type":"text","content":"BofA SecuritiesNC1-004-03-43200 North College Street, 3rd FloorCharlotte, NC 28255-0001Attn: Prospectus DepartmentEmail: [email protected]","length":157,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or the solicitation of an offer to buy the secur...