MUR 5.875% 01Dec2027 Corp (USD)

Bond Factsheet

Matured/ Called

Murphy Oil Corporation

Indicative

Full Lot

Bid Price

100.077

Change in Bid Price

Bid Yield (%)

3.641 %

Change in Bid Yield

0.378

Ask Price

100.178

Change in Ask Price

Ask Yield (%)

0.919 %

Change in Ask Yield

0.871

Indicative price as of 30 Jan 2026, 12:00am

chevron_leftchevron_right

Bond Information

Murphy Oil Corporation is an independent exploration and production company that conducts its business through various operating subsidiaries. The Company primarily produces crude oil, natural gas, and natural gas liquids in the United States and Canada and conducts oil and natural gas exploration activities worldwide.

Bond Issuer

Murphy Oil Corporation

Guarantor

Announcement Date

13 Nov 2019

Issue Date

27 Nov 2019

Maturity Date

01 Dec 2027

Years to Maturity / Next Call

1.151 / 0.039

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.875

Coupon Type

Fixed

Annual Coupon Rate

5.875

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

US626717AM42

CUSIP

626717AM4

Bond Currency

USD

Total Issue Size

550,000,000

Outstanding Issue Size

78,899,000

Min. Investment Quantity (Nominal)

USD 2,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Energy

Bond Sub Sector

Oil, Gas and Consumable Fuels

Issuer Credit Rating (S&P/ Fitch)

***/ BB+

Bond Credit Rating (S&P/ Fitch)

***/ BB+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Issuer Call

On or after December 1, 2022, the notes may be redeemed by us, in whole or in part, at our option, at the redemption prices set forth below (expressed in percentages of principal amount of the notes being redeemed on the redemption date), plus accrued and unpaid interest on the principal amount of the notes being redeemed to, but not including, the redemption date, if redeemed during the 12-month period commencing on December 1 of the years set forth below.

Period	Redemption price
2022	102.938%
2023	101.958%
2024	100.979%
2025 and thereafter	100.000%

Make Whole Call

The notes may be redeemed in whole at any time or in part from time to time, at our option, as set forth below. If the notes are redeemed at any time prior to December 1, 2022, the notes may be redeemed by us, in whole or in part, at our option, at a redemption price equal to the greater of:
•100% of the principal amount of notes to be redeemed; or
• the sum of the present values of the remaining scheduled payments of principal and interest on the notes to be redeemed (not including any portion of such payments of interest accrued and unpaid to the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the treasury rate plus 50 basis points,
plus, in either case, accrued and unpaid interest on the principal amount of the notes being redeemed to, but not including, the redemption date.

Change Control Put

Repurchase Upon a Change of Control Triggering Event
Upon the occurrence of a change of control triggering event with respect to the notes, unless the Company has exercised its right to redeem all of the notes as described under “—Optional Redemption,” each holder of the notes will have the right to require the Company to purchase all or a portion of such holder’s notes pursuant to the offer described below (the “change of control offer”), at a purchase price in cash (the “change of control payment”) equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase, provided that any payment of interest becoming due on or prior to the change of control payment date (as defined below) shall be payable to the holders of such notes registered as such on the relevant record date.

“Change of control triggering event” means (1) the ratings of the notes is downgraded by any two of the ratings agencies during the 60-day period (the “trigger period”) commencing on the earlier of (i) the occurrence of a change of control or (ii) the first public announcement of the occurrence of a change of control or the Company’s intention to effect a change of control (which trigger period will be extended so long as the ratings of the notes is under publicly announced consideration for possible downgrade by any of the ratings agencies) and (2) the notes are rated below an investment grade rating by any two of the ratings agencies on any date during the trigger period; provided that a change of control triggering event will not be deemed to have occurred in respect of a particular change of control if such ratings agencies do not publicly announce or confirm or inform the trustee in writing at our request that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the change of control (whether or not the applicable change of control has occurred at the time of the change of control triggering event). Notwithstanding the foregoing, no change of control triggering event will be deemed to have occurred in connection with any particular change of control unless and until such change of control has actually been consummated.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.