Chevron elects to terminate exchange offer and consent solicitation

San ramon, calif.--(business wire)--chevron corporation (“chevron”) (nyse:cvx) and chevron u.s.a. inc., a subsidiary of chevron (“cusa”), today announced that, as of 5:00 p.m. new york city time, on august 18, 2023 (the “early participation date”), the requisite consents for adopting certain proposed amendments to the indenture (the “pdc indenture”) governing the 5.750% senior notes due 2026 (the “old notes”) issued by pdc energy, inc. (“pdc energy”) have not been received in connection with it.
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