Occidental Petroleum has announced the start of cash tender offers for certain outstanding senior notes and debentures. The company also launched consent solicitations related to some of these securities. According to Occidental, these actions are being taken under the terms and conditions described in its Offer to Purchase and Consent Solicitation Statement dated February 19, 2026.
The tender offers will allow holders of specific series of senior notes and debentures to sell their securities back to Occidental for cash. The consent solicitations seek approval from holders on proposed amendments related to certain series of these notes and debentures.
Occidental stated: “Occidental(NYSE: OXY) today announced that it has commenced offers to purchase for cash (collectively, the ‘Tender Offers’ and each a ‘Tender Offer’) its outstanding senior notes and debentures listed in the table below and Consent Solicitations (as defined below) with respect to certain series of such senior notes and debentures, upon the terms and conditions described in Occidental’s Offer to Purchase and Consent Solicitation Statement, dated February 19, 2026 (the ‘Offer to Purchase’).”
A PDF version of the news release is available online.
