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Occidental Petroleum | 8-K: Occidental Announces Termination of Exchange Offer and Consent Solicitation for CrownRock Notes

Occidental Petroleum | 8-K: Occidental Announces Termination of Exchange Offer and Consent Solicitation for CrownRock Notes

西方石油 | 8-K:西方石油宣布終止CrownRock票據的交換要約和同意征集
美股SEC公告 ·  08/02 21:14

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Occidental Petroleum Corporation, an international energy company, announced on August 2, 2024, the termination of its exchange offer and consent solicitation for CrownRock Notes. The exchange offer was for the exchange of all outstanding 5.000% Senior Notes due 2029 issued by CrownRock, L.P. and CrownRock Finance, Inc. for new notes to be issued by Occidental and cash. The related consent solicitation was also terminated, which sought to adopt proposed amendments to the indenture governing the CrownRock Notes. As a result, the tendered CrownRock Notes will be returned to the holders, and the proposed amendments to the indenture will not become effective. Global Bondholder Services Corporation acted as the exchange agent and information agent for the terminated offer and solicitation. Occidental is a major U.S. oil and gas producer with operations in the Permian and DJ basins, and offshore Gulf of Mexico, and is also involved in chemical manufacturing and low carbon technology through its subsidiaries.
Occidental Petroleum Corporation, an international energy company, announced on August 2, 2024, the termination of its exchange offer and consent solicitation for CrownRock Notes. The exchange offer was for the exchange of all outstanding 5.000% Senior Notes due 2029 issued by CrownRock, L.P. and CrownRock Finance, Inc. for new notes to be issued by Occidental and cash. The related consent solicitation was also terminated, which sought to adopt proposed amendments to the indenture governing the CrownRock Notes. As a result, the tendered CrownRock Notes will be returned to the holders, and the proposed amendments to the indenture will not become effective. Global Bondholder Services Corporation acted as the exchange agent and information agent for the terminated offer and solicitation. Occidental is a major U.S. oil and gas producer with operations in the Permian and DJ basins, and offshore Gulf of Mexico, and is also involved in chemical manufacturing and low carbon technology through its subsidiaries.
國際能源公司Occidental Petroleum Corporation於2024年8月2日宣佈終止了其對CrownRock Notes的交換要約和徵求同意書。交換要約是爲了交換CrownRock,L.P.和CrownRock Finance,Inc.發行的所有未償還的截至2029年的5.000%優先票據,用Occidental發行的新票據和現金來交換。相關的徵求同意書也被終止了,其旨在通過CrownRock Notes的受託管理協議提出的修改。因此,交換的CrownRock Notes將被歸還給持有人,修改的受託管理協議不會生效。Global Bondholder Services Corporation是終止要約和徵求同意書的交換代理和信息代理。Occidental是一家主要的美國石油和天然氣生產商,在Permian和DJ盆地以及墨西哥灣海外擁有運營,並通過其子公司參與化學制造和低碳技術。
國際能源公司Occidental Petroleum Corporation於2024年8月2日宣佈終止了其對CrownRock Notes的交換要約和徵求同意書。交換要約是爲了交換CrownRock,L.P.和CrownRock Finance,Inc.發行的所有未償還的截至2029年的5.000%優先票據,用Occidental發行的新票據和現金來交換。相關的徵求同意書也被終止了,其旨在通過CrownRock Notes的受託管理協議提出的修改。因此,交換的CrownRock Notes將被歸還給持有人,修改的受託管理協議不會生效。Global Bondholder Services Corporation是終止要約和徵求同意書的交換代理和信息代理。Occidental是一家主要的美國石油和天然氣生產商,在Permian和DJ盆地以及墨西哥灣海外擁有運營,並通過其子公司參與化學制造和低碳技術。

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