Workflow
Marathon Petroleum Corp. prices $2.0 billion senior notes offering
MPCMarathon(MPC) Prnewswire·2025-02-06 22:45

FINDLAY, Ohio, Feb. 6, 2025 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) announced today that it has priced 2.0billioninaggregateprincipalamountofunsecuredseniornotesinanunderwrittenpublicofferingconsistingof2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of 1.1 billion aggregate principal amount of 5.15% senior notes due 2030 and 900millionaggregateprincipalamountof5.70900 million aggregate principal amount of 5.70% senior notes due 2035.MPC intends to use the net proceeds from this offering to repay, redeem or otherwise retire its outstanding 1.25 billion aggr ...