Murphy Oil Corporation Announces Offering of $500 Million of Senior Notes Due 2034

HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the "Company†) (NYSE: MUR) announced today that, subject to market and other conditions, it intends to offer $500 million of Senior Notes due 2034 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC†). The Company expects to use the net proceeds from the offering, (i) to fund the redemption in full of its 5.875% notes due 2027 and its 6.375% notes due 2028 (together, the "Exist. ...