Noble Energy Announces Successful Early Tender Results

Noble Energy, Inc. (“Noble Energy” or “the Company”) (NYSE: NBL) announced the early tender results for its previously announced tender offers to purchase up to approximately $1.4 billion aggregate principal amount of its 5.875% Senior Notes due 2024, 5.875% Senior Notes due 2022 and 5.625% Senior Notes due 2021 (collectively, the “Notes”) that were validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on January 20, 2016 (the “Early Tender Date”) pursuant to its previously announced cash tender offers (each, a “Tender Offer” and, collectively, the “Tender Offers”).
All Notes that have been validly tendered at or prior to the Early Tender Date and are accepted in the Tender Offers will be purchased, retired and cancelled by Noble Energy on the early settlement date, which is expected to occur today. Borrowings under the recently announced new term loan facility will be used to fund the Tender Offers.
The following table sets forth details of the Notes that are subject to the Tender Offers and the aggregate principal amounts of Notes that were validly tendered and not validly withdrawn prior to the Early Tender Date.
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