Davis Polk Advises Exxon Mobil Corporation on Its $7 Billion Notes Offering

Davis Polk advised Exxon Mobil Corporation on the SEC-registered offering of $750 million principal amount of floating-rate notes due 2022, $750 million principal amount of 1.902% notes due 2022, $1 billion principal amount of 2.019% notes due 2024, $1 billion principal amount of 2.275% notes due 2026, $1.25 billion principal amount of 2.440% notes due 2029, $750 million principal amount of 2.995% notes due 2039 and $1.5 billion principal amount of 3.095% notes due 2049 in connection therewith.

Based in Irving, Texas, ExxonMobil’s divisions and affiliated companies operate or market products in the United States and most other countries of the world. ExxonMobil’s principal business involves exploration for, and production of, crude oil and natural gas and the manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a wide variety of specialty products.

The Davis Polk corporate team included partners Michael Kaplan and Byron B. Rooney and associates Dan Gibbons and Cameron Adamson. Partner Patrick E. Sigmon and associate Joseph M. Gerstel provided tax advice. All members of the Davis Polk team are based in the New York office.