secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0000950157-26-000265
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental upsizes tender offer to $1.2B, accepts early tenders for notes
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- Increased aggregate cap from $700M to $1.2B; accepted $1.2B in tenders at March 4, 2026 early deadline.
- Accepted $21.5M Zero Coupon 2036, $843.3M 6.125% 2031, and $335.2M (prorated 28.7%) 6.625% 2030 notes.
- Obtained consent to amend 6.125% 2031 indenture; eliminated covenants and changed redemption notice to 5 business days.
- Total consideration per $1,000: $612.42 (Zero Coupon 2036), $1,069.83 (6.125% 2031), $1,086.83 (6.625% 2030), including $30 early tender premium.
- Tender offers fully subscribed; early settlement March 9, 2026; offers expire March 19, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000095015726000265/0000950157-26-000265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000095015726000265/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000265

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