debt
confidence high
sentiment neutral
materiality 0.50
EOG Resources issues $1B in 5.650% Senior Notes due 2054
EOG RESOURCES INC
- Issued $1B aggregate principal of 5.650% Senior Notes maturing December 1, 2054.
- Underwriting syndicate led by J.P. Morgan, BofA, Goldman Sachs, and Wells Fargo.
- Notes are senior unsecured, ranking equally with EOG's other unsecured debt.
- Notes redeemable at make-whole price before June 1, 2054, then at par plus accrued interest.
- Proceeds expected for general corporate purposes (not stated but typical).