Exxon Mobil (XOM)

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Exxon Mobil (XOM)Exxon Mobil (XOM)
SEP 26, 2026

Exxon Mobil subsidiary prices $185.9 million of floating‑rate notes due 2076

ExxonMobil issued long‑dated floating‑rate debt via a subsidiary under its Form S‑3 shelf, adding ~$186 million of liability due 2076.

In this brief: 3 sections 1 min read
    • Aggregate principal amount: $185,883,000.
    • Security: floating‑rate notes due 2076.
    • Notes are fully and unconditionally guaranteed by ExxonMobil Holdings Corporation.
    • Issuance pursuant to Form S‑3 registration statement (filed Feb 18, 2026) and Post‑Effective Amendment No. 1 (Jul 1, 2026).
    • Underwriters/managers: RBC Capital Markets, Deutsche Bank Securities, J.P. Morgan Securities, Morgan Stanley, UBS Securities.
    • Indenture trustee: Deutsche Bank Trust Company Americas (original indenture Mar 20, 2014) with supplemental indentures, including a second supplemental indenture dated July 1, 2026, and an officer's certificate dated Sept 25, 2026.
    • Adds ~$186 million of long‑dated floating‑rate debt to ExxonMobil’s consolidated obligations.
    • Conducted under existing shelf; no new shelf filing cited in the report.
    • Could reflect liquidity or liability‑management strategy; report provides no coupon or pricing details.
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