debt
confidence high
sentiment neutral
materiality 0.50
ConocoPhillips completes early settlement of exchange offers; issues ~$2.55B in new notes
CONOCOPHILLIPS
- On March 11, 2022, issued $1,767,690,000 of 4.025% New 2062 Notes due 2062.
- Issued $783,545,000 of 3.758% New 2042 Notes due 2042, guaranteed by ConocoPhillips.
- All Old Notes validly tendered were accepted for purchase and will be retired and cancelled.
- Exchange Offers remain ongoing; expire at 11:59 p.m. NYC time on March 21, 2022.
- Entered Registration Rights Agreement to exchange New Notes for registered notes with substantially identical terms.