Occidental’s $3 Billion High?Yield Senior Notes Offering and Related Tender Offer

Cravath represented Occidental Petroleum Corporation in the transaction.

Occidental Petroleum Corporation executed its $3 billion registered high-yield senior notes offering and related tender offer for certain of its existing outstanding notes. The notes offering closed on August 26, 2020.

Occidental Petroleum Corporation is an international oil and gas exploration and production company.

The Cravath team included partner Craig F. Arcella (Picture) and associates Saagar Kaul, Aashim Usgaonkar and Kyra E. Ferber on capital markets matters, and partner Kara L. Mungovan and associate Leon B. Dalezman on tax matters. Brittany A. Milano also worked on tax matters.

Involved fees earner: Craig Arcella – Cravath Swaine & Moore; Leon Dalezman – Cravath Swaine & Moore; Kyra Ferber – Cravath Swaine & Moore; Saagar Kaul – Cravath Swaine & Moore; Kara Mungovan – Cravath Swaine & Moore; Aashim Usgaonkar – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Occidental Petroleum Corporation ;

Author: Ambrogio Visconti