trending Market Intelligence /marketintelligence/en/news-insights/trending/YU-z4RHu9h8GShLxyh2LCQ2 content esgSubNav
In This List

Noble Energy prices senior notes offering totaling $1.1B

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Activity Volumes Across the Equity Capital Markets Dropped Significantly in 2022

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Case Study

A Large Energy Company Manages its Exposure with Robust Tools to Assess Creditworthiness and Set Credit Limits


Noble Energy prices senior notes offering totaling $1.1B

Noble Energy Inc. priced an offering of $600 million of 3.850% senior notes at 99.688% of the principal amount and $500 million of 4.950% senior notes at 99.643% of the principal amount.

The 3.850% notes are set to mature on Jan. 15, 2028, while the 4.950% notes will mature on Aug. 15, 2047.

The company intends to use net proceeds from the offering, scheduled to close Aug. 15, to purchase in a cash tender offer or otherwise redeem any and all of its outstanding $1 billion 8.25% senior notes and to pay fees, premiums, expenses and unpaid and accrued interest associated with the tender offer or redemption, according to an Aug. 8 news release.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., DNB Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc. and Mizuho Securities USA LLC acted joint book-running managers for the offering.