The company said it entered into a Terms Agreement with the underwriters and is offering 5.250% Senior Notes due 2031, 4.950% Senior Notes due 2035 and 5.500% Senior Notes due 2055, with $600,000,000 aggregate principal amount of each, on September 9, 2024 Phillips 66 Company.

1. 01

   The company said it entered into a Terms Agreement with the underwriters and is offering 5.250% Senior Notes due 2031, 4.950% Senior Notes due 2035 and 5.500% Senior Notes due 2055, with $600,000,000 aggregate principal amount of each, on September 9, 2024 Phillips 66 Company.

2. 02

   The company said the Additional 2031 Notes are a further issuance of the $600,000,000 Existing 2031 Notes issued on February 28, 2024, and that under the Indenture the two will be treated as a single series of senior debt securities.

3. 03

   The company said all of the notes are fully and unconditionally guaranteed by Phillips 66 and are issued under the Indenture dated May 5, 2022, among Phillips 66 Company as issuer, Phillips 66 as guarantor and U.S. Bank Trust Company, National Association as trustee.

4. 04

   The company said the terms of the notes are described under “Description of the Notes” in the prospectus supplement dated September 9, 2024, and that the supplement was filed with the SEC on September 10, 2024 under Rule 424(b)(2). The Terms Agreement, the Indenture and other documents were filed as exhibits to this report.

Analysis 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.

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

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