7 Nov 2016debt financing● Neutral
Occidental issued a further $1.5 billion of senior notes, due 2027 and 2047, for general corporate purposes.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Apr 2016debt financing● Neutral
The notes offering closed, giving Occidental about $2.7 billion to pay off its 2016 and 2017 debt maturities.
1 Apr 2016material agreement● Neutral
Occidental agreed to sell $2.75 billion of new senior notes (due 2022, 2026 and 2046) to refinance debt maturing in 2016 and 2017.