Chevron in $4 Billion Notes Offering

December 5, 2012

Cleary Gottlieb represented Barclays Capital, J.P. Morgan Securities and Morgan Stanley as representatives of the underwriters in the offering of 1.104% notes due 1017 in the aggregate principal amount of $2 billion and 2.355% notes due 2022 in the aggregate principal amount of $2 billion by Chevron Corporation. The offering priced on November 28 and closed on December 5.

Chevron Corporation, with executive offices in San Ramon, California, manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage in fully integrated petroleum operations, chemical operations, mining operations, power generation and energy services.