XOM · News · 20260908N
Senior Notes Tender Offers
ExxonMobil Holdings Corp · 2026-09-08 · Importance 46 · Surprise 42 · No source text
Pioneer Natural Resources Company, ExxonMobil's wholly owned subsidiary and the offeror, launched cash tender offers for any and all of two outstanding senior-note series. The offers cover $1.1 billion of 1.900% senior notes due 2030 and $1.0 billion of 2.150% senior notes due 2031. The combined principal amount subject to the offers is $2.1 billion. Holders will receive a price based on the applicable Total Consideration formula.
Key facts
- ExxonMobil Holdings Corporation's wholly owned subsidiary Pioneer Natural Resources Company offered to purchase for cash any and all of $1,100,000,000 1.900% Senior Notes due 2030 and $1,000,000,000 2.150% Senior Notes due 2031. source
- Holders of the 2030 and 2031 Notes will receive a price equal to the Total Consideration base in the tender offer announcement. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | probable | +0.1% | ExxonMobil Holdings Corporation's wholly owned subsidiary Pioneer Natural Resources Company offered to purchase for cash any and all of… |
| cash | negative | probable | -0.1% | ExxonMobil Holdings Corporation's wholly owned subsidiary Pioneer Natural Resources Company offered to purchase for cash any and all of… |