6.50% Notes Due 2014 |
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Issuer: |
Marathon Oil Corporation | |
Security: |
6.50% Senior Notes due 2014 | |
Size: |
$700,000,000 | |
Maturity: |
February 15, 2014 | |
Coupon: |
6.50% | |
Price to Public: |
99.585% | |
Yield to Maturity: |
6.599% | |
Spread to Benchmark Treasury: |
+487.5 bp | |
Benchmark Treasury: |
1.75% due January 31, 2014 | |
Benchmark Treasury Yield: |
1.724% | |
Interest Payment Dates: |
February 15th and August 15th, commencing | |
August 15th, 2009 | ||
Make-Whole Call: |
T+50bp | |
Settlement: |
T+3; February 17, 2009 | |
CUSIP: |
565849AG1 | |
Denomination: |
$1,000 and increments of $1,000 in excess | |
thereof | ||
Anticipated Ratings: |
Moodys: Baa1 (stable outlook) | |
S&P: BBB+ (stable outlook) | ||
Fitch: BBB+ (negative outlook) | ||
Joint Book-Running Managers: |
Morgan Stanley & Co. Incorporated | |
Banc of America Securities LLC | ||
J.P. Morgan Securities Inc. | ||
Citigroup Global Markets Inc. | ||
Deutsche Bank Securities Inc. | ||
Co-Managers: |
Greenwich Capital Markets, Inc. | |
Scotia Capital (USA) Inc. | ||
BNP Paribas Securities Corp. | ||
Mitsubishi UFJ Securities International plc | ||
NatCity Investments, Inc. | ||
Daiwa Securities America Inc. | ||
Fifth Third Securities, Inc. | ||
SG Americas Securities, LLC | ||
Wells Fargo Securities, LLC | ||
DnB NOR Markets, Inc. |
Comerica Securities, Inc. | ||
Credit Suisse Securities (USA) LLC | ||
Mizuho Securities USA Inc. | ||
U.S. Bancorp Investments, Inc. | ||
Muriel Siebert & Co., Inc. | ||
Certain of the underwriters are not U.S. | ||
registered broker-dealers and, therefore, to | ||
the extent that they intend to effect any | ||
sales of the notes in the United States, | ||
they will do so through one or more U.S. | ||
registered broker-dealers as permitted by | ||
Financial Industry Regulatory Authority | ||
regulations. |
7.50% Notes Due 2019 |
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Issuer: |
Marathon Oil Corporation | |
Security: |
7.50% Senior Notes due 2019 | |
Size: |
$800,000,000 | |
Maturity: |
February 15, 2019 | |
Coupon: |
7.50% | |
Price to Public: |
99.296% | |
Yield to Maturity: |
7.602% | |
Spread to Benchmark Treasury: |
+487.5 bp | |
Benchmark Treasury: |
3.75% due November 15, 2018 | |
Benchmark Treasury Yield: |
2.727% | |
Interest Payment Dates: |
February 15th and August 15th, commencing | |
August 15th, 2009 | ||
Make-Whole Call: |
T+50bp | |
Settlement: |
T+3; February 17, 2009 | |
CUSIP: |
565849AH9 | |
Denomination: |
$1,000 and increments of $1,000 in excess | |
thereof | ||
Anticipated Ratings: |
Moodys: Baa1 (stable outlook) | |
S&P: BBB+ (stable outlook) | ||
Fitch: BBB+ (negative outlook) | ||
Joint Book-Running Managers: |
Morgan Stanley & Co. Incorporated | |
Banc of America Securities LLC | ||
J.P. Morgan Securities Inc. | ||
Citigroup Global Markets Inc. | ||
Deutsche Bank Securities Inc. | ||
Co-Managers: |
Greenwich Capital Markets, Inc. | |
Scotia Capital (USA) Inc. | ||
BNP Paribas Securities Corp. | ||
Mitsubishi UFJ Securities International plc | ||
NatCity Investments, Inc. | ||
Daiwa Securities America Inc. | ||
Fifth Third Securities, Inc. | ||
SG Americas Securities, LLC | ||
Wells Fargo Securities, LLC | ||
DnB NOR Markets, Inc. | ||
Comerica Securities, Inc. | ||
Credit Suisse Securities (USA) LLC | ||
Mizuho Securities USA Inc. | ||
U.S. Bancorp Investments, Inc. | ||
Muriel Siebert & Co., Inc. |
Certain of the underwriters are not U.S. | ||
registered broker-dealers and, therefore, to | ||
the extent that they intend to effect any | ||
sales of the notes in the United States, | ||
they will do so through one or more U.S. | ||
registered broker-dealers as permitted by | ||
Financial Industry Regulatory Authority | ||
regulations. |