05:35 PM EDT, 03/26/2024 (MT Newswires) -- Marathon Oil ( MRO ) said late Tuesday it has priced its offering of $600 million of 5.300% senior notes due 2029 and $600 million of 5.700% senior notes due 2034, with closing expected on Thursday.

The company said it plans to use the net proceeds to help repay outstanding borrowings under its term loan facility.

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