Occidental Petroleum to tap Thursday’s market for notes due 2025, 2045

By Aleesia Forni

Virginia Beach, June 18 – Occidental Petroleum Corp. is planning to sell a benchmark offering of senior notes in 10- and 30-year tranches on Thursday, according to a market source and a 424B5 filed with the Securities and Exchange Commission.

BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes.

The oil and gas, chemical and midstream company is based in Los Angeles.

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