Occidental Announces Termination of Exchange Offer and Consent Solicitation for CrownRock Notes
OXYOXY(OXY) Newsfilter·2024-08-02 20:55

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that it has elected to terminate its previously announced offer to exchange (the "Exchange Offer") any and all outstanding 5.000% Senior Notes due 2029 (the "CrownRock Notes") issued by CrownRock, L.P. ("CrownRock") and CrownRock Finance, Inc. ("CrownRock Finance" and, together with CrownRock, the "CrownRock Notes Issuers") for up to $376,084,000 aggregate principal amount of new 5.000% Senior Notes due 2029 to be issued by Oc ...