secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001193125-25-179846
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chevron subsidiary issues $5.5B in notes across seven tranches; guaranteed by Chevron Corp
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- Issued $5.5B total across 7 tranches: $500M 3.950% '27, $650M 4.050% '28, $600M SOFR+57bps '28-B, $1.2B 4.300% '30, $400M SOFR+82bps '30, $1.25B 4.500% '32, $900M 4.850% '35.
- Notes are unsecured obligations of CUSA, fully and unconditionally guaranteed by Chevron Corp on par with its other unsecured debt.
- CUSA can redeem fixed-rate notes at any time before maturity; floating-rate notes are not redeemable.
- Floating rate notes (2028-B and 2030) pay quarterly interest at Compounded SOFR plus 57bps and 82bps respectively.
- Proceeds intended for general corporate purposes; underwriters led by Barclays, BofA, Citigroup.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000119312525179846/0001193125-25-179846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000119312525179846/d949372d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-179846

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