Murphy Oil Corporation Announces Pricing of $500 Million of 6.500% Senior Notes Due 2034
Core Viewpoint - Murphy Oil Corporation has announced the pricing of a $500 million offering of 6.500% Senior Notes due 2034, which is part of an effective shelf registration statement filed with the SEC [1] Group 1: Offering Details - The offering is priced at $500 million with a coupon rate of 6.500% [1] - The Senior Notes are set to mature in 2034 [1] - The expected closing date for the offering is January 23, 2026, pending customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the offering are intended to fund the full redemption of existing debt [1]