Chevron's $6.8 Billion Notes Offering

Cleary Gottlieb represented Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo Securities, as representatives of the underwriters, in the offering by Chevron of:

• Floating rate notes due 2018 in the aggregate principal amount of $850 million;
• 1.561 percent notes due 2019 in the aggregate principal amount of $1.35 billion;
• 2.100 percent notes due 2021 in the aggregate principal amount of $1.35 billion;
• Floating rate notes due 2021 in the aggregate principal amount of $250 million;
• 2.566 percent notes due 2023 in the aggregate principal amount of $750 million; and
• 2.954 percent notes due 2026 in the aggregate principal amount of $2.25 billion.

The offering priced on May 9 and closed on May 16, 2016.

Chevron, with executive offices in San Ramon, Calif., 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.