AI English summary of an SEC filing — figures as filed
Chevron CVXChevron said its indirect wholly owned subsidiary Chevron U.S.A. Inc. (CUSA) issued fixed rate notes of 5 types and floating rate notes of 2 types, including 3.950% notes due 2027 in the aggregate principal amount of $500,000,000, on August 13, 2025.
Key points
AI summaryChevron said its indirect wholly owned subsidiary Chevron U.S.A. Inc. (CUSA) issued fixed rate notes of 5 types and floating rate notes of 2 types, including 3.950% notes due 2027 in the aggregate principal amount of $500,000,000, on August 13, 2025.
The company said it issued 4.050% notes due 2028 in the aggregate principal amount of $650,000,000, 4.300% notes due 2030 in the aggregate principal amount of $1,200,000,000, 4.500% notes due 2032 in the aggregate principal amount of $1,250,000,000 and 4.850% notes due 2035 in the aggregate principal amount of $900,000,000, with maturities on August 13, 2028, October 15, 2030, October 15, 2032 and October 15, 2035, respectively.
Chevron said the 2028-B floating rate notes ($600,000,000) bear interest at Compounded SOFR plus 57 basis points, the 2030 floating rate notes ($400,000,000) bear interest at Compounded SOFR plus 82 basis points, and both notes cannot be redeemed prior to maturity.
The company said it provides full and unconditional guarantees of the notes on an unsecured and unsubordinated basis, and an underwriting agreement was entered into on August 11, 2025 with Barclays Capital Inc., BofA Securities, Inc. and Citigroup Global Markets Inc. as representatives of the underwriters.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
CUSA Issues 7 Series of Notes
Chevron said its indirect wholly owned subsidiary Chevron U.S.A. Inc. (CUSA) issued fixed rate notes of 5 types and floating rate notes of 2 types, including 3.950% notes due 2027 in the aggregate principal amount of $500,000,000, on August 13, 2025.
Source · Based on the filing body and exhibits
Principal Amount and Maturity of Fixed Rate Notes by Series
The company said it issued 4.050% notes due 2028 in the aggregate principal amount of $650,000,000, 4.300% notes due 2030 in the aggregate principal amount of $1,200,000,000, 4.500% notes due 2032 in the aggregate principal amount of $1,250,000,000 and 4.850% notes due 2035 in the aggregate principal amount of $900,000,000, with maturities on August 13, 2028, October 15, 2030, October 15, 2032 and October 15, 2035, respectively.
Source · Based on the filing body and exhibits
Interest Rate Structure and Redemption Terms of Floating Rate Notes
Chevron said the 2028-B floating rate notes ($600,000,000) bear interest at Compounded SOFR plus 57 basis points, the 2030 floating rate notes ($400,000,000) bear interest at Compounded SOFR plus 82 basis points, and both notes cannot be redeemed prior to maturity.
Source · Based on the filing body and exhibits
Chevron's Guarantee Structure and Underwriters
The company said it provides full and unconditional guarantees of the notes on an unsecured and unsubordinated basis, and an underwriting agreement was entered into on August 11, 2025 with Barclays Capital Inc., BofA Securities, Inc. and Citigroup Global Markets Inc. as representatives of the underwriters.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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