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Murphy Oil Intends to Offer $600 Million Senior Notes Due 2032
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Murphy Oil Intends to Offer $600 Million Senior Notes Due 2032
Sep 19, 2024 5:53 AM

08:19 AM EDT, 09/19/2024 (MT Newswires) -- Murphy Oil ( MUR ) said Thursday it plans to offer $600 million of senior notes due 2032.

The firm intends to use the net proceeds, including cash on hand, to finance cash tender offers to buy up to $600 million total principal amount of its outstanding 5.875% senior notes due 2027, 6.375% senior notes due 2028, and 7.050% senior notes due 2029, Murphy Oil ( MUR ) added.

Price: 35.58, Change: +0.28, Percent Change: +0.79

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