ExxonMobil's Pioneer launches $2.1B senior notes buyback for cash

ExxonMobil's Pioneer launches $2.1B senior notes buyback for cash

ExxonMobil’s Pioneer tenders for $2.1B senior notes due 2030/2031 with Treasury-based pricing.

ExxonMobil (XOM) Stock: Surge as Pioneer Launches $2.1 Billion Senior Notes Tender

TLDR ExxonMobil stock gains 1% as Pioneer launches a $2.1 billion senior debt tender. Pioneer targets $1.1 billion of 2030 notes and $1 billion of 2031 senior notes. Tender pricing will use Treasury yields plus fixed spreads of 30 and 35 basis points. Both tender offers expire September 14, with final pricing set for the [...]