ConocoPhillips (NYSE: COP) today announced the extension of the expiration date of the offers to eligible holders to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes issued by Concho Resources Inc. (“Concho”) as set forth in the table below (the “Existing Concho Notes”) for (1) up to $3,900,000,000 aggregate principal amount of new notes to be issued by ConocoPhillips and fully and unconditionally guaranteed by ConocoPhillips Company (the “New ConocoPhillips Notes”) and (2) cash, and related consent solicitations by Concho (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt certain proposed amendments to each of the indentures governing the Existing Concho Notes (the “Proposed Amendments”). ConocoPhillips hereby extends such expiration date from 5:00 p.m., New York City time, on Jan. 15, 2021, to 5:00 p.m., New York City time, on Feb. 4, 2021 (as the same may be further extended, the “Expiration Date”).
ConocoPhillips Announces Extension of the Expiration Date for Exchange Offers and Consent Solicitations
Jan 15, 2021
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