debt
confidence high
sentiment neutral
materiality 0.60
EOG completes $1B dual-tranche senior notes offering; proceeds to refinance 2026 notes
EOG RESOURCES INC
- Issued $750M 4.400% Senior Notes due 2031 and $250M 5.950% Senior Notes due 2055 (reopening of existing series).
- Net proceeds to repay or redeem 4.15% Senior Notes due 2026 at or prior to maturity.
- Notes are senior unsecured obligations, ranking equally with other unsecured indebtedness.
- Underwriting syndicate led by J.P. Morgan, BofA, Citigroup, PNC Capital Markets, and Wells Fargo.