XTO Energy Inc. Announces Purchase of $1.244 Billion Principal Amount of Its Debt Securities
Thursday, November 18, 2021 10:42 AM

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Nov. 18, 2010 (Business Wire) -- XTO Energy Inc. (“XTO”), a wholly-owned subsidiary of Exxon Mobil Corporation (“ExxonMobil”) (NYSE: XOM), announced today that the previously announced cash tender offers (each, an “Offer”) for any and all of its outstanding debt securities in the series specified in the table below (the “Securities”) expired at 5:00 p.m., New York City time, on November 17, 2010. After the expiration of the Offers, XTO accepted for purchase all of the Securities which were validly tendered and not validly withdrawn prior to the expiration of the relevant Offer, representing a total aggregate principal amount of approximately $1.244 billion. Set forth in the table below is the aggregate principal amount of Securities of each series purchased pursuant to the relevant Offer:

           
Title of Securities       CUSIP No.      

Aggregate Principal Amount Accepted for
Purchase

6.25% Senior Notes due August 1, 2021 98385XAL0 $280,599,000
5.500% Senior Notes due June 15, 2021 98385XAP1 $401,838,000
6.50% Senior Notes due December 15, 2021 98385XAT3 $561,723,000
 

Payment for Securities purchased pursuant to the Offers was made to The Depository Trust Company, as registered holder of the Securities, earlier today. XTO funded the purchase of the Securities with available cash on hand and inter-company borrowings from its parent, ExxonMobil.

Barclays Capital Inc. and J.P. Morgan Securities LLC served as Dealer Managers for the Offers. Global Bondholder Services Corporation served as the Information Agent and the Depositary for the Offers.

This news release shall not be construed as an offer to purchase or a solicitation of an offer to purchase any of the Securities or any other securities.

About ExxonMobil

ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.

ExxonMobil
Media Relations, 972-444-1107


(Source: Business Wire )
(Source: Quotemedia)
 

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