S&C Advises Chevron in $5.5 Billion Registered Notes Offering
Sullivan & Cromwell represented Chevron Corporation in the multi-tranche $5.5 billion SEC-registered offering of senior notes of its wholly-owned subsidiary, Chevron U.S.A. The 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.