debt
confidence high
sentiment neutral
materiality 0.50
Murphy Oil closes $500M offering of 6.500% Notes due 2034 to refinance debt
MURPHY OIL CORP
- $500M aggregate principal, 6.500% Notes due 2034, closed Jan 23, 2026.
- Net proceeds to redeem 5.875% notes due 2027 and 6.375% notes due 2028.
- Also to repay borrowings under revolving credit facility and for general corporate purposes.
- Interest payable Feb 15 and Aug 15, beginning Aug 15, 2026.
- Notes redeemable at any time at applicable redemption prices per Indenture.