Occidental Petroleum $3 billion financing

Overview:

• Occidental Petroleum has received $3 billion in financing.
• The arrangement is due 2023. 
• JP Morgan Chase Bank acted as arranger on the financing.
• The borrower is a developer, producer and market agent of crude oil and natural gas.
• Proceeds will be used for repayment of existing debt and general corporate purposes.

Katrin Kostadinova - Data analyst