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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 3/30/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Marathon Oil to redeem $500 million 2.8% senior notes due 2022

By Taylor Fox

New York, March 30 – Marathon Oil Corp. plans to redeem its outstanding $500 million 2.8% senior notes due 2022 on April 29, according to a news release.

The redemption will reduce Marathon’s debt by $500 million and annual cash interest expense by $14 million.

The energy company is based in Houston.


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