Business

Occidental Announces Early Tender Results and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures

HOUSTON, March 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the early tender results, as set forth in the table below, of its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its Zero Coupon Senior Notes due 2036 (the “0.000% 2036 Notes”), 6.125% Senior Notes due 2031 (the “6.125% 2031 Notes”), 6.625% Senior Notes due 2030 (the “6.625% 2030 Notes”), 7.200% Debentures due 2029 (the “7.200% 2029 Debentures”) and 7.950% Debentures due

articleOccidental Petroleum CorporationMarch 5, 202613/company/occidental-petroleum-corporation/news/occidental-announces-early-tender-results-and-upsize-in-cash-tender-offers-and-consent-solicitations-for-certain-of-its-senior-notes-and-debentures-6
Occidental Announces Early Tender Results and Upsize in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes and Debentures

About this update from Occidental Petroleum Corporation

[{"type":"image","alt":"Occidental","displaySize":"","headline":null,"caption":"Occidental","className":"","disableSlideshowImg":false,"size":{"original":{"width":293,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/43fbe9933882ee9ddc01afeec417f52e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/gR30Pmw9WC8uEDIcvUbgCQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQzMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/43fbe9933882ee9ddc01afeec417f52e","width":293,"height":300}},"lazy":false},{"type":"text","content":"HOUSTON, March 05, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the early tender results, as set forth in the table below, of its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its Zero Coupon Senior Notes due 2036 (the “0.000% 2036 Notes”), 6.125% Senior Notes due 2031 (the “6.125% 2031 Notes”), 6.625% Senior Notes due 2030 (the “6.625% 2030 Notes”), 7.200% Debentures due 2029 (the “7.200% 2029 Debentures”) and 7.950% Debentures due 2029 (the “7.950% 2029 Debentures” and, together with the 0.000% 2036 Notes, the 6.125% 2031 Notes, the 6.625% 2030 Notes and the 7.200% 2029 Debentures, the “Notes”) and Consent Solicitations (as defined below). In connection therewith, Occidental further announced that it is increasing the maximum aggregate principal amount of Notes it will accept for purchase (as amended herein, the “Aggregate Cap”), from the previously announced amount of $700,000,000 to $1,200,000,000. The $58,000,000 maximum aggregate principal amount of the 0.000% 2036 Notes it will accept for purchase (the “Sub-Cap”) has not been increased.","length":1122,"tagName":"p"},{"type":"text","content":"The Tender Offers and Consent Solicitations are being made pursuant to the terms and conditions described in Occidental’s Offer to Purchase and Consent Solicitation Statement, dated February 19, 2026, as amended by this press release (the “Offer to Purchase”). As set forth in the Offer to Purchase, Occidental reserves the right, but is under no obligation, to further increase the Aggregate Cap or to increase the Sub-Cap at any time, subject to applicable law. Capitalized terms used but not defined herein have the meanings ascribed thereto in the Offer to Purchase.","length":570,"tagName":"p"},{"type":"text","content":"According to the information received from Global Bon...

More updates from Occidental Petroleum Corporation

Tender OffersConsent SolicitationsOccidentalConsent SolicitationTender OfferTreasury Securityprincipal amountDebenturesTender TimeGlobal Bondholder Services Corporation