Chevron U.S.A., a wholly-owned subsidiary of S&C client Chevron Corporation, completed a multi-tranche $5.5 billion SEC-registered offering of senior notes, consisting of $500 million of its 3.950% notes due 2027, $650 million of its 4.050% notes due 2028, $600 million of its floating rate notes due 2028, $1.2 billion of its 4.300% notes due 2030, $400 million of its floating rate notes due 2030, $1.25 billion of its 4.500% notes due 2032 and $900 million of its 4.850% notes due 2035.
Chevron, one of the world’s leading integrated energy companies, produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and the industry.
The S&C team representing Chevron included Bob Downes, Alan Fishman, Katya Roze, Cam Teschuk and Julia Khomenko. Jeff Hochberg, Saul Brander and Julia Fleurantin advised on tax matters. Matthew Brennan advised on environmental matters.