A cash tender offer totaling $1.75 billion in outstanding notes has been announced by ConocoPhillips. The Houston-based company with large operations in Oklahoma is offering to purchase a lengthy series of outstanding notes ranging from 2.4% up to 6.95%.
The offer includes varying amounts for each of the different classes of notes.
The tender offer expires June 20 at 11:59 p.m. New York City time.
Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC and TD Securities (USA) LLC are the Lead Dealer Managers for the Tender Offer, and Barclays Capital Inc., BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are the Co-Managers for the Tender Offer. Global Bondholder Services Corporation is the Tender Agent and Information Agent.
