secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0000950157-26-000166
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental commences $700M debt tender offer and consent solicitation on five note series
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- Tender offers for five series: 0% 2036 notes, 6.125% 2031, 6.625% 2030, 7.2% 2029 debentures, 7.95% 2029 debentures.
- Maximum aggregate principal $700M; $58M sub-cap on zero-coupon 2036 notes.
- Consent solicitations for four series to eliminate covenants and shorten redemption notice to 5 business days.
- Early tender premium of $30 per $1,000 for tenders by March 4, 2026; offers expire March 19, 2026.
- Funding from cash on hand, including proceeds from OxyChem sale closed Jan 2, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000095015726000166/0000950157-26-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000095015726000166/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000166

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