Murphy USA Inc. priced a $500 million private offering of 5.875% senior notes due 2034 by subsidiary Murphy Oil USA, Inc., expected to close May 27, 2026.
Key takeaways
$500 million aggregate principal 5.875% senior notes due 2034 priced at 100.000%.
Issued by wholly-owned subsidiary Murphy Oil USA, Inc., guaranteed by Murphy USA and certain domestic subsidiaries.
Interest payable semiannually on June 1 and December 1, commencing December 1, 2026.
Proceeds to redeem $300 million 2027 Notes, repay revolver borrowings, pay fees, and general corporate purposes.
Offered privately to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.