Delaware
|
001-09210
|
95-4035997
|
(State or Other Jurisdiction
of Incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
5 Greenway Plaza, Suite 110
Houston, Texas
|
77046
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Title of Each Class
|
Trading Symbol(s)
|
Name of Each Exchange on Which
Registered
|
||
Common Stock, $0.20 par value
|
OXY
|
New York Stock Exchange
|
Item 2.03. |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
|
|
(i) |
$653,019,000 aggregate principal amount of the 4.850% Senior Notes due 2021 issued by Anadarko;
|
|
(ii) |
$233,062,000 aggregate principal amount of the 3.450% Senior Notes due 2024 issued by Anadarko;
|
|
(iii) |
$582,523,000 aggregate principal amount of the 6.950% Senior Notes due 2024 issued by Kerr-McGee;
|
|
(iv) |
$1,081,892,000 aggregate principal amount of the 5.550% Senior Notes due 2026 issued by Anadarko;
|
|
(v) |
$88,208,000 aggregate principal amount of the 7.500% Debentures due 2026 issued by Anadarko HoldCo;
|
|
(vi) |
$29,802,000 aggregate principal amount of the 7.000% Debentures due 2027 issued by Anadarko;
|
|
(vii) |
$122,636,000 aggregate principal amount of the 7.125% Debentures due 2027 issued by Kerr-McGee;
|
|
(viii) |
$224,267,000 aggregate principal amount of the 7.150% Debentures due 2028 issued by Anadarko HoldCo;
|
|
(ix) |
$13,811,000 aggregate principal amount of the 6.625% Debentures due 2028 issued by Anadarko;
|
|
(x) |
$126,005,000 aggregate principal amount of the 7.200% Debentures due 2029 issued by Anadarko;
|
|
(xi) |
$80,881,000 aggregate principal amount of the 7.950% Debentures due 2029 issued by Anadarko HoldCo;
|
|
(xii) |
$869,550,000 aggregate principal amount of the 7.500% Senior Notes due 2031 issued by Anadarko Finance;
|
|
(xiii) |
$484,677,000 aggregate principal amount of the 7.875% Senior Notes due 2031 issued by Kerr-McGee;
|
|
(xiv) |
$1,734,194,000 aggregate principal amount of the 6.450% Senior Notes due 2036 issued by Anadarko;
|
|
(xv) |
$2,270,292,000 aggregate principal amount at maturity of the Zero Coupon Senior Notes due 2036 issued by Anadarko;
|
|
(xvi) |
$321,591,000 aggregate principal amount of the 7.950% Senior Notes due 2039 issued by Anadarko;
|
|
(xvii) |
$737,496,000 aggregate principal amount of the 6.200% Senior Notes due 2040 issued by Anadarko;
|
|
(xviii) |
$623,462,000 aggregate principal amount of the 4.500% Senior Notes due 2044 issued by Anadarko;
|
|
(xix) |
$1,099,221,000 aggregate principal amount of the 6.600% Senior Notes due 2046 issued by Anadarko;
|
|
(xx) |
$54,624,000 aggregate principal amount of the 7.730% Debentures due 2096 issued by Anadarko; and
|
|
(xxi) |
$59,783,000 aggregate principal amount of the 7.500% Debentures due 2096 issued by Anadarko HoldCo.
|
|
(i) |
$653,019,000 aggregate principal amount of the 4.850% Senior Notes due 2021;
|
|
(ii) |
$233,062,000 aggregate principal amount of the 3.450% Senior Notes due 2024;
|
|
(iii) |
$582,523,000 aggregate principal amount of the 6.950% Senior Notes due 2024;
|
|
(iv) |
$1,081,892,000 aggregate principal amount of the 5.550% Senior Notes due 2026;
|
|
(v) |
$88,208,000 aggregate principal amount of the 7.500% Debentures due 2026;
|
|
(vi) |
$29,802,000 aggregate principal amount of the 7.000% Debentures due 2027;
|
|
(vii) |
$122,636,000 aggregate principal amount of the 7.125% Debentures due 2027;
|
|
(viii) |
$224,267,000 aggregate principal amount of the 7.150% Debentures due 2028;
|
|
(ix) |
$13,811,000 aggregate principal amount of the 6.625% Debentures due 2028;
|
|
(x) |
$126,005,000 aggregate principal amount of the 7.200% Debentures due 2029;
|
|
(xi) |
$80,881,000 aggregate principal amount of the 7.950% Debentures due 2029;
|
|
(xii) |
$869,550,000 aggregate principal amount of the 7.500% Senior Notes due 2031;
|
|
(xiii) |
$484,677,000 aggregate principal amount of the 7.875% Senior Notes due 2031;
|
|
(xiv) |
$1,734,194,000 aggregate principal amount of the 6.450% Senior Notes due 2036;
|
|
(xv) |
$2,270,292,000 aggregate principal amount at maturity of the Zero Coupon Senior Notes due 2036;
|
|
(xvi) |
$321,591,000 aggregate principal amount of the 7.950% Senior Notes due 2039;
|
|
(xvii) |
$737,496,000 aggregate principal amount of the 6.200% Senior Notes due 2040;
|
|
(xviii) |
$623,462,000 aggregate principal amount of the 4.500% Senior Notes due 2044;
|
|
(xix) |
$1,099,221,000 aggregate principal amount of the 6.600% Senior Notes due 2046;
|
|
(xx) |
$54,624,000 aggregate principal amount of the 7.730% Debentures due 2096; and
|
|
(xxi) |
$59,783,000 aggregate principal amount of the 7.500% Debentures due 2096.
|
Item 8.01. |
Other Events.
|
Item 9.01. |
Financial Statements and Exhibits.
|
4.1
|
||
4.2
|
||
4.3
|
||
4.4
|
||
4.5
|
||
4.6
|
||
4.7
|
||
4.8
|
||
4.9
|
||
4.10
|
||
4.11
|
||
4.12
|
||
4.13
|
||
4.14
|
||
4.15
|
||
4.16
|
||
4.17
|
||
4.18
|
||
4.19
|
||
4.20
|
||
4.21
|
||
4.22
|
||
99.1
|
||
104
|
Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.
|
OCCIDENTAL PETROLEUM CORPORATION
|
||||
By:
|
/s/ Nicole E. Clark
|
|||
Name:
|
Nicole E. Clark
|
|||
Title:
|
Vice President, Associate General
Counsel and Corporate Secretary
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
March 15, 2021
|
INTEREST RATE:
|
4.850% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
|
Name:
|
|
|
Title:
|
|
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
“Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this
purpose, that the Notes mature on the Par Call Date), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from
those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
Redemption Date.
|
(I) or (we) assign and transfer this Note to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
July 15, 2024
|
INTEREST RATE:
|
3.450% per annum
|
INTEREST PAYMENT DATES:
|
January 15 and July 15, commencing January 15, 2020
|
REGULAR RECORD DATES:
|
January 1 and July 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
||
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
“Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this
purpose, that the Notes mature on the Par Call Date), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from
those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
Redemption Date.
|
(I) or (we) assign and transfer this Note to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
July 1, 2024
|
INTEREST RATE:
|
6.950% per annum
|
INTEREST PAYMENT DATES:
|
January 1 and July 1, commencing January 1, 2020
|
REGULAR RECORD DATES:
|
December 15 and June 15
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
|
|
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
“Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two
published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
Redemption Date.
|
(I) or (we) assign and transfer this Note to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
March 15, 2026
|
INTEREST RATE:
|
5.550% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
|
|
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
“Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this
purpose, that the Notes mature on the Par Call Date), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from
those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
Redemption Date.
|
(I) or (we) assign and transfer this Note to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
October 15, 2026
|
INTEREST RATE:
|
7.500% per annum
|
INTEREST PAYMENT DATES:
|
April 15 and October 15, commencing October 15, 2019
|
REGULAR RECORD DATES:
|
April 1 and October 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
||
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
(I) or (we) assign and transfer this Debenture to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
November 15, 2027
|
INTEREST RATE:
|
7.000% per annum
|
INTEREST PAYMENT DATES:
|
May 15 and November 15, commencing November 15, 2019
|
REGULAR RECORD DATES:
|
May 1 and November 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
||
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
(I) or (we) assign and transfer this Debenture to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
October 15, 2027
|
INTEREST RATE:
|
7.125% per annum
|
INTEREST PAYMENT DATES:
|
April 15 and October 15, commencing October 15, 2019
|
REGULAR RECORD DATES:
|
April 1 and October 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
OCCIDENTAL PETROLEUM CORPORATION
|
||
By:
|
||
Name:
|
||
Title:
|
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or
any successor publication that is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption
“Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Debentures to be redeemed, yields for the two
published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the
semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that
Redemption Date.
|
(I) or (we) assign and transfer this Debenture to
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date:
|
||||
Your Signature:
|
||||
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Signature Guarantee*
|
*NOTICE: The signature must be guaranteed by an institution that is a member of one of the following recognized signature guarantee programs: (i) The Securities
Transfer Agent Medallion Program (STAMP); (ii) The New York Stock Exchange Medallion Program (MNSP); (iii) The Stock Exchange Medallion Program (SEMP); or (iv) such other guarantee program acceptable to the Trustee.
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
|
|
|
|
|
|
|
|
|
NO. |
PRINCIPAL AMOUNT:
|
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
May 15, 2028
|
INTEREST RATE:
|
7.150% per annum
|
INTEREST PAYMENT DATES:
|
May 15 and November 15, commencing November 15, 2019
|
REGULAR RECORD DATES:
|
April 30 and October 31
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
|
||
By:
|
||
|
Authorized Signatory |
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Debentures to be redeemed, yields for the two published maturities most closely corresponding to
the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
January 15, 2028
|
INTEREST RATE:
|
6.625% per annum
|
INTEREST PAYMENT DATES:
|
January 15 and July 15, commencing January 15, 2020
|
REGULAR RECORD DATES:
|
January 1 and July 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
|
Authorized Signatory |
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
March 15, 2029
|
INTEREST RATE:
|
7.200% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
Authorized Signatory
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
April 15, 2029
|
INTEREST RATE:
|
7.950% per annum
|
INTEREST PAYMENT DATES:
|
April 15 and October 15, commencing October 15, 2019
|
REGULAR RECORD DATES:
|
April 1 and October 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Debentures to be redeemed, yields for the two published maturities most closely corresponding to
the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture) |
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
May 1, 2031
|
INTEREST RATE:
|
7.500% per annum
|
INTEREST PAYMENT DATES:
|
May 1 and November 1, commencing November 1, 2019
|
REGULAR RECORD DATES:
|
April 15 and October 15
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two published maturities most closely corresponding to the
Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
September 15, 2031
|
INTEREST RATE:
|
7.875% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two published maturities most closely corresponding to the
Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT:
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
September 15, 2036
|
INTEREST RATE:
|
6.450% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
The Bank of New York Mellon Trust Company, N.A., as Trustee
|
||
By:
|
||
Authorized Signatory
|
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two published maturities most closely corresponding to the
Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
(Print or type assignee’s name, address and zip code)
|
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him.
|
|
Date: |
|
|
||
|
|
Your Signature: | ||
|
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
No.
|
CUSIP 674599 DG7
ISIN US674599DG73
|
Principal Amount at Maturity: $[ ]
Original Accreted Value: $[ ]
Original Issue Date: September [18], 2019
Maturity Date: October 10, 2036
|
Dated:
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
By:
|
||
Name:
|
||
Title:
|
Dated:
|
||
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., AS TRUSTEE
|
||
By
|
||
|
||
AUTHORIZED SIGNATORY
|
I or we assign and transfer this Zero Coupon Security to
|
(Print or type assignee’s name, address and zip code)
|
(Insert assignee’s soc. sec. or tax I.D. No.)
|
and irrevocably appoint ______________________ agent to transfer this Zero Coupon Security on the books of the Company. The agent may substitute another to act for him.
|
Date:
|
|
Your Signature: |
|
Signature
|
||
Signature Guarantee:
|
||
Signature must be guaranteed*
|
Signature
|
Date of Increase or
Decrease
|
Amount of Decrease in
Principal Amount at
Maturity of this Zero
Coupon Global
Security
|
Amount of Increase in
Principal Amount at
Maturity of this Zero
Coupon Global
Security
|
Remaining Principal
Amount at Maturity of
this Zero Coupon
Global Security
Following such Decrease
or Increase
|
Signature of
Authorized Signatory
of Trustee or
Custodian
|
Purchase Date
|
Put Price
(% of Final
Principal)
|
Purchase Price per
Million (principal
amount at maturity in
dollars)
|
||||||
October 10, 2019
|
41.504916
|
$
|
415,049.16
|
|||||
October 10, 2020
|
43.708335
|
$
|
437,083.35
|
|||||
October 10, 2021
|
46.028731
|
$
|
460,287.31
|
|||||
October 10, 2022
|
48.472312
|
$
|
484,723.12
|
|||||
October 10, 2023
|
51.045618
|
$
|
510,456.18
|
|||||
October 10, 2024
|
53.755536
|
$
|
537,555.36
|
|||||
October 10, 2025
|
56.609319
|
$
|
566,093.19
|
|||||
October 10, 2026
|
59.614605
|
$
|
596,146.05
|
|||||
October 10, 2027
|
62.779435
|
$
|
627,794.35
|
|||||
October 10, 2028
|
66.112280
|
$
|
661,122.80
|
|||||
October 10, 2029
|
69.622060
|
$
|
696,220.60
|
|||||
October 10, 2030
|
73.318167
|
$
|
733,181.67
|
|||||
October 10, 2031
|
77.210494
|
$
|
772,104.94
|
|||||
October 10, 2032
|
81.309458
|
$
|
813,094.58
|
|||||
October 10, 2033
|
85.626028
|
$
|
856,260.28
|
|||||
October 10, 2034
|
90.171757
|
$
|
901,717.57
|
|||||
October 10, 2035
|
94.958811
|
$
|
949,588.11
|
|||||
Maturity Date
|
100.000000
|
$
|
1,000,000.00
|
Accretion
Calculation Date
|
Accretion Factor (%)
|
|||
October 10, 2019
|
41.504915507600
|
|||
April 10, 2020
|
42.592379239600
|
|||
October 10, 2020
|
43.708335436900
|
|||
April 10, 2021
|
44.853530626300
|
|||
October 10, 2021
|
46.028730893800
|
|||
April 10, 2022
|
47.234722397800
|
|||
October 10, 2022
|
48,472311894600
|
|||
April 10, 2023
|
49.742327278200
|
|||
October 10, 2023
|
51.045618134200
|
|||
April 10, 2024
|
52.383056307900
|
|||
October 10, 2024
|
53.755536487900
|
|||
April 10, 2025
|
55.163976804200
|
|||
October 10, 2025
|
56.609319442600
|
|||
April 10, 2026
|
58.092531275000
|
|||
October 10, 2026
|
59.614604506300
|
|||
April 10, 2027
|
61.176557337800
|
|||
October 10, 2027
|
62.779434648600
|
|||
April 10, 2028
|
64.424308694500
|
|||
October 10, 2028
|
66.112279825300
|
|||
April 10, 2029
|
67.844477220900
|
|||
October 10, 2029
|
69.622059646800
|
|||
April 10, 2030
|
71.446216228900
|
|||
October 10, 2030
|
73.318167249300
|
|||
April 10, 2031
|
75.239164962500
|
|||
October 10, 2031
|
77.210494433300
|
|||
April 10, 2032
|
79.233474396000
|
|||
October 10, 2032
|
81.309458137000
|
|||
April 10, 2033
|
83.439834399900
|
|||
October 10, 2033
|
85.626028314600
|
|||
April 10, 2034
|
87.869502350500
|
|||
October 10, 2034
|
90.171757295200
|
|||
April 10, 2035
|
92.534333257800
|
|||
October 10, 2035
|
94.958810699800
|
|||
April 10, 2036
|
97.446811492100
|
|||
Maturity Date
|
100.000000000000
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
June 15, 2039
|
INTEREST RATE:
|
7.950% per annum
|
INTEREST PAYMENT DATES:
|
June 15 and December 15, commencing December 15, 2019
|
REGULAR RECORD DATES:
|
June 1 and December 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two published maturities most closely corresponding to the
Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
March 15, 2040
|
INTEREST RATE:
|
6.200% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed, yields for the two published maturities most closely corresponding to the
Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
July 15, 2044
|
INTEREST RATE:
|
4.500% per annum
|
INTEREST PAYMENT DATES:
|
January 15 and July 15, commencing January 15, 2020
|
REGULAR RECORD DATES:
|
January 1 and July 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this purpose, that the Notes mature on the Par Call Date),
yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the
nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
March 15, 2046
|
INTEREST RATE:
|
6.600% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
• |
the yield, under the heading that represents the average for the immediately preceding week, appearing in the most recently published statistical release designated “H.15” or any successor publication that is published weekly by the
Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity
corresponding to the Comparable Treasury Issue; provided that if no maturity is within three months before or after the remaining term of the Notes to be redeemed (assuming, for this purpose, that the Notes mature on the Par Call Date),
yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from those yields on a straight-line basis rounding to the
nearest month; or
|
|
• |
if that release, or any successor release, is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable
Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for that Redemption Date.
|
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Note on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Note)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
September 15, 2096
|
INTEREST RATE:
|
7.730% per annum
|
INTEREST PAYMENT DATES:
|
March 15 and September 15, commencing March 15, 2020
|
REGULAR RECORD DATES:
|
March 1 and September 1
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
NO.
|
PRINCIPAL AMOUNT: |
|
U.S.$[ ]
|
ORIGINAL ISSUE DATE:
|
September [18], 2019
|
MATURITY DATE:
|
November 1, 2096
|
INTEREST RATE:
|
7.500% per annum
|
INTEREST PAYMENT DATES:
|
May 1 and November 1, commencing November 1, 2019
|
REGULAR RECORD DATES:
|
April 15 and October 15
|
REDEMPTION DATE/PRICE:
|
See Further Provisions Set Forth Herein
|
|
OCCIDENTAL PETROLEUM CORPORATION
|
|
|
|
|
|
By:
|
|
Name:
|
||
|
Title: |
By:
|
||
Authorized Signatory |
|
(Insert assignee’s soc. sec. or tax I.D. no.)
|
|
|
|
|
(Print or type assignee’s name, address and zip code)
|
and irrevocably appoint
|
|
to transfer this Debenture on the books of the Company. The agent may substitute another to act for him. |
|
Date:
|
|
Your Signature:
|
|
(Sign exactly as your name(s)
appear(s) on the face of this Debenture)
|
Signature Guarantee*
|
Date of Exchange
|
Amount of
Decrease in
Principal
Amount of this
Global Note
|
Amount of
Increase in
Principal
Amount of this
Global Note
|
Principal Amount
of this Global
Note Following
Such Decrease
(or Increase)
|
Signature of
Authorized
Officer of
Trustee or
Security
Custodian
|
|
Aggregate Principal
Amount
|
Title of Series of Old
Notes
|
Issuer
|
CUSIP/ISIN
No.
|
Title of Series of Oxy
Notes
|
Total Consideration(1)(2)
|
Old Notes Tendered at the
Expiration Date
|
|||||||||||||
|
|
Oxy Notes
(principal
amount) |
Cash
|
Aggregate
Principal Amount
|
Percentage
|
||||||||||||||
$
|
677,035,000
|
|
4.850% Senior Notes due 2021
|
Anadarko
|
032511BM8 / US032511BM81
|
4.850% Senior Notes due 2021
|
$
|
1,000
|
|
$
|
1.00
|
$
|
653,019,000
|
96.45
|
%
|
||||
|
|
||||||||||||||||||
$
|
247,965,000
|
|
3.450% Senior Notes due 2024
|
Anadarko
|
032511BJ5 / US032511BJ52
|
3.450% Senior Notes due 2024
|
$
|
1,000
|
$
|
1.00
|
$
|
233,062,000
|
93.99
|
%
|
|||||
|
|
||||||||||||||||||
$
|
650,000,000
|
|
6.950% Senior Notes due 2024
|
Kerr-McGee
|
492386AU1 / US492386AU15
|
6.950% Senior Notes due 2024
|
$
|
1,000
|
$
|
1.00
|
$
|
582,523,000
|
89.62
|
%
|
|||||
|
|||||||||||||||||||
$
|
310,000
|
|
7.250% Debentures due 2025
|
Anadarko
|
032511AH0 / US032511AH06
|
7.250% Debentures due 2025
|
$
|
1,000
|
$
|
1.00
|
$
|
25,000
|
8.06
|
%
|
|||||
|
|
||||||||||||||||||
$
|
1,100,000,000
|
|
5.550% Senior Notes due 2026
|
Anadarko
|
032511BN6 / US032511BN64
|
5.550% Senior Notes due 2026
|
$
|
1,000
|
$
|
1.00
|
$
|
1,081,892,000
|
98.35
|
%
|
|||||
|
|
||||||||||||||||||
$
|
111,856,000
|
|
7.500% Debentures due 2026
|
Anadarko HoldCo
|
907834AB1 / US907834AB13
|
7.500% Debentures due 2026
|
$
|
1,000
|
$
|
1.00
|
$
|
88,208,000
|
78.86
|
%
|
|||||
|
|
||||||||||||||||||
$
|
47,750,000
|
|
7.000% Debentures due 2027
|
Anadarko
|
032511AL1 / US032511AL18
|
7.000% Debentures due 2027
|
$
|
1,000
|
$
|
1.00
|
$
|
29,802,000
|
62.41
|
%
|
|||||
|
|
||||||||||||||||||
$
|
150,000,000
|
|
7.125% Debentures due 2027
|
Kerr-McGee
|
492386AK3 / US492386AK33
|
7.125% Debentures due 2027
|
$
|
1,000
|
$
|
1.00
|
$
|
122,636,000
|
81.76
|
%
|
|||||
|
|
||||||||||||||||||
$
|
235,133,000
|
|
7.150% Debentures due 2028
|
Anadarko HoldCo
|
907834AG0 / US907834AG00
|
7.150% Debentures due 2028
|
$
|
1,000
|
$
|
1.00
|
$
|
224,267,000
|
95.38
|
%
|
|||||
|
|
||||||||||||||||||
$
|
14,153,000
|
|
6.625% Debentures due 2028
|
Anadarko
|
032511AM9 / US032511AM90
|
6.625% Debentures due 2028
|
$
|
1,000
|
$
|
1.00
|
$
|
13,811,000
|
97.58
|
%
|
|||||
|
|
||||||||||||||||||
$
|
135,005,000
|
|
7.200% Debentures due 2029
|
Anadarko
|
032511AN7 / US032511AN73
|
7.200% Debentures due 2029
|
$
|
1,000
|
$
|
1.00
|
$
|
126,005,000
|
93.33
|
%
|
|||||
|
|
||||||||||||||||||
$
|
116,275,000
|
|
7.950% Debentures due 2029
|
Anadarko HoldCo
|
907834AJ4 / US907834AJ49
|
7.950% Debentures due 2029
|
$
|
1,000
|
$
|
1.00
|
$
|
80,881,000
|
69.56
|
%
|
|||||
|
|
||||||||||||||||||
$
|
900,000,000
|
|
7.500% Senior Notes due 2031
|
Anadarko Finance
|
032479AD9 / US032479AD91
|
7.500% Senior Notes due 2031
|
$
|
1,000
|
$
|
1.00
|
$
|
869,550,000
|
96.62
|
%
|
|||||
|
|
||||||||||||||||||
$
|
500,000,000
|
|
7.875% Senior Notes due 2031
|
Kerr-McGee
|
492386AT4 / US492386AT42
|
7.875% Senior Notes due 2031
|
$
|
1,000
|
$
|
1.00
|
$
|
484,677,000
|
96.94
|
%
|
|||||
|
|
||||||||||||||||||
$
|
1,750,000,000
|
|
6.450% Senior Notes due 2036
|
Anadarko
|
032511AY3 / US032511AY39
|
6.450% Senior Notes due 2036
|
$
|
1,000
|
$
|
1.00
|
$
|
1,734,194,000
|
99.10
|
%
|
|||||
|
|
||||||||||||||||||
$
|
2,270,600,000
|
(3)
|
Zero Coupon Senior Notes due 2036 (the “Zero Coupon Notes”)
|
Anadarko
|
032511BB2 / US032511BB27
|
Zero Coupon Senior Notes due 2036
|
$
|
1,000
|
$
|
1.00
|
$
|
2,270,292,000
|
99.99
|
%
|
|||||
|
|
||||||||||||||||||
$
|
325,000,000
|
|
7.950% Senior Notes due 2039
|
Anadarko
|
032511BG1 / US032511BG14
|
7.950% Senior Notes due 2039
|
$
|
1,000
|
$
|
1.00
|
$
|
321,591,000
|
98.95
|
%
|
|||||
|
|
||||||||||||||||||
$
|
750,000,000
|
|
6.200% Senior Notes due 2040
|
Anadarko
|
032510AC3 / US032510AC36
|
6.200% Senior Notes due 2040
|
$
|
1,000
|
$
|
1.00
|
$
|
737,496,000
|
98.33
|
%
|
Aggregate Principal
Amount
|
Title of Series of Old
Notes
|
Issuer |
CUSIP/ISIN
No.
|
Title of Series of
Oxy
Notes
|
Total Consideration(1)(2)
|
Old Notes Tendered at the
Expiration Date
|
|||||||||||||
Oxy Notes
(principal
amount) |
Cash
|
Aggregate
Principal Amount
|
Percentage
|
||||||||||||||||
$
|
625,000,000
|
4.500% Senior Notes due 2044
|
Anadarko
|
032511BK2 / US032511BK26
|
4.500% Senior Notes due 2044
|
$
|
1,000
|
|
$
|
1.00
|
$
|
623,462,000
|
99.75
|
%
|
|||||
$
|
1,100,000,000
|
6.600% Senior Notes due 2046
|
Anadarko
|
032511BP1 / US032511BP13
|
6.600% Senior Notes due 2046
|
$
|
1,000
|
$
|
1.00
|
$
|
1,099,221,000
|
99.93
|
%
|
||||||
$
|
48,800,000
|
7.250% Debentures due 2096
|
Anadarko
|
032511AK3 / US032511AK35
|
7.250% Debentures due 2096
|
$
|
1,000
|
$
|
1.00
|
$
|
3,790,000
|
7.77
|
%
|
||||||
$
|
60,500,000
|
7.730% Debentures due 2096
|
Anadarko
|
032511AJ6 / US032511AJ61
|
7.730% Debentures due 2096
|
$
|
1,000
|
$
|
1.00
|
$
|
54,624,000
|
90.29
|
%
|
||||||
$
|
77,970,000
|
7.500% Debentures due 2096
|
Anadarko HoldCo
|
907834AC9 / US907834AC95
|
7.500% Debentures due 2096
|
$
|
1,000
|
$
|
1.00
|
$
|
59,783,000
|
76.67
|
%
|
(1) |
Consideration per $1,000 principal amount of Old Notes validly tendered and accepted for exchange. No additional payment will be made for a holder’s consent to the Proposed Amendments.
|
(2) |
The term “Oxy Notes” in this column refers, in each case, to the series of Oxy Notes corresponding to the series of Old Notes of like tenor and coupon.
|
(3) |
Aggregate principal amount at maturity. The accreted amount as of September 18, 2019, the anticipated settlement date of the applicable Exchange Offer, will be approximately $413,739.22 per $1,000,000
aggregate principal amount at maturity of Zero Coupon Notes. Except where otherwise indicated, the term “aggregate principal amount,” when used in reference to the Zero Coupon Notes, refers to the accreted amount as of the anticipated
settlement date.
|