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Prospect News home > News index > List of issuers M > Headlines for Murphy Oil Corp. > News item
Published on 3/2/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Murphy Oil to fully redeem 4% notes, 3.7% notes due 2022

By Taylor Fox

New York, March 2 – Murphy Oil Corp. plans to fully redeem its outstanding 4% senior notes due 2022 and 3.7% senior notes due 2022, according to a news release.

The notes will be redeemed using proceeds from its offer of $550 million senior notes due 2028, cash on hand and/or borrowing under its revolving credit facility.

Murphy Oil is an El Dorado, Ark.-based oil and gas exploration and production company.


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