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0.00636729222520112 0.00636729222520112 0.00636729222520112 0.0134048257372655 -0.0113941018766756 0.00737265415549606 0.0234416890080429 0.0247989276139411
Stock impact report

Murphy Oil Corporation Announces Offering of $500 Million of Senior Notes Due 2034

Murphy Oil Corporation (MUR) 
Last murphy oil corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.murphyoilcorp.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE: MUR) announced today that, subject to market and other conditions, it intends to offer $500 million of Senior Notes due 2034 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).The Company expects to use the net proceeds from the offering, (i) to fund the redemption in full of its 5.875% notes due 2027 and its 6.375% notes due 2028 (together, the “Existing Notes”), together with the payment of related premiums, fees and expenses in connection with the foregoing, (ii) to repay its outstanding borrowing under its revolving credit facility, (iii) to cover transaction related fees and expenses and (iv) for general corporate purposes.BofA Securities is acting as the physical book-running manager for the offering. The offering is being made under an automatic shelf registration statement on Form S-3 (Registration No. 333-282655) filed by the Comp Show less Read more
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