Marathon Petroleum Corp. announces make-whole redemption of its outstanding 2.700% senior notes due 2018
OREANDA-NEWS. Marathon Petroleum Corp. (NYSE: MPC) today announced that it intends to issue a notice of redemption to redeem all of the $600 million outstanding aggregate principal amount of its 2.700% senior notes due on Dec. 14, 2018. The 2018 senior notes will be redeemed on March 15, 2018, at a price equal to par plus a make-whole premium calculated in accordance with the terms of the 2018 senior notes and accrued and unpaid interest to, but not including, the redemption date.
This news release is for information purposes only and is neither an offer to buy nor a solicitation to sell any of the 2018 senior notes.