Marathon petroleum corp. prices $2.0 billion senior notes offering

Findlay, ohio , feb. 6, 2025 /prnewswire/ -- marathon petroleum corporation (nyse: mpc) announced today that it has priced $2.0 billion in aggregate principal amount of unsecured senior notes in an underwritten public offering consisting of $1.1 billion aggregate principal amount of 5.15% senior notes due 2030 and $900 million aggregate principal amount of 5.70% senior notes due 2035. mpc intends to use the net proceeds from this offering to repay, redeem or otherwise retire its outstanding $1.25 billion aggregate principal amount of 4.700% senior notes due may 2025 and for general corporate purposes.
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