Exxon Mobil Corporation entered into an underwriting agreement to issue $169,312,000 of Floating Rate Notes due 2076 under its existing shelf registration statement.
Key takeaways
The Company agreed to sell $169,312,000 aggregate principal amount of Floating Rate Notes due 2076.
The Notes were priced at 99.000% of the principal amount, with settlement occurring on March 30, 2026.
Interest is set at Compounded SOFR minus 0.450%, payable quarterly starting June 30, 2026.
The Notes are redeemable at the Company's option starting March 30, 2056, and include holder repayment options.
RBC Capital Markets, J.P. Morgan Securities LLC, and UBS Securities LLC acted as joint book-running managers.