Chevron Offers $4 Billion in Notes

Cleary Gottlieb represented Barclays, Citigroup and BofA Merrill Lynch as representatives of the underwriters in the offering by Chevron of: 

• 1.686 percent notes due 2019 in the aggregate principal amount of $550 million. 
• Floating rate notes due 2019 in the aggregate principal amount of $450 million.
• 1.991 percent notes due 2020 in the aggregate principal amount of $600 million.
• Floating rate notes due 2020 in the aggregate principal amount of $400 million. 
• 2.498 percent notes due 2022 in the aggregate principal amount of $700 million. 
• Floating rate notes due 2022 in the aggregate principal amount of $300 million.
• 2.895 percent notes due 2024 in the aggregate principal amount of $1 billion.

The offering priced on February 28, 2017, and closed on March 3, 2017.

Chevron, 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, power generation and energy services.