Davis Polk Advises Exxon Mobil Corporation on Its $8.5 Billion Notes Offering

Davis Polk advised Exxon Mobil Corporation on the SEC-registered offering of $1.5 billion principal amount of 2.992% notes due 2025, $1 billion principal amount of 3.294% notes due 2027, $2 billion principal amount of 3.482% notes due 2030, $1.25 billion principal amount of 4.227% notes due 2040 and $2.75 billion principal amount of 4.327% notes due 2050 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 is involved in exploration for, and production of, crude oil and natural gas and 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, associate Dan Gibbons. 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.