ExxonMobil $172 million notes offering
We advised ExxonMobil on the investment-grade debt offering
Davis Polk advised Exxon Mobil Corporation (ExxonMobil) on the SEC-registered offering of $171.968 million principal amount of floating-rate notes due 2074.
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States.
The Davis Polk corporate team included partners Dan Gibbons and Michael Kaplan and associates Jakub P. Jozwiak and Wenyi Xu. Partner Patrick E. Sigmon and associate David J. Beer provided tax advice. All members of the Davis Polk team are based in the New York office.