Occidental Announces Commencement of Exchange Offer and Consent Solicitation for CrownRock Notes

HOUSTON, July 19, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that it has commenced a private exchange offer to certain eligible holders (the "Exchange Offer") for any and all outstanding 5.000% Senior Notes due 2029 (the "CrownRock Notes") issued by CrownRock, L.P. ("CrownRock") and CrownRock Finance, Inc. for up to 376,084,000 aggregate principal amount of new notes to be issued by Occidental (the "Occidental Notes") and cash. ______________________ (1) For each 1,000 principal amoun ...