HOUSTON, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today that it intends to offer, subject to market and other conditions, two series of senior notes in an underwritten public offering.
Marathon Oil intends to use the net proceeds of the proposed offering to repay outstanding commercial paper obligations and for general corporate purposes.
Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBS Securities Inc. and UBS Securities LLC are acting as joint book-running managers for the proposed offering. When available, copies of the preliminary prospectus supplement relating to the offering may be obtained from the underwriters as follows:
|Citigroup Global Markets Inc. c/o Broadbridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: 1-800-831-9146||Morgan Stanley & Co. LLC 180 Varick Street New York, NY 10014 Attention: Prospectus Department Phone: 1-866-718-1649|
|J.P. Morgan Securities LLC 383 Madison Avenue New York, NY 10179 Attention: High Grade Syndicate Desk 3rd Floor Phone (collect): 1-212-834-4533||RBS Securities Inc. 600 Washington Boulevard Stamford, CT 06901 Attn: Debt Capital Markets Syndicate Phone: 1-866-884-2071|
|UBS Securities LLC 299 Park Avenue New York, NY 10171 Attention: Prospectus Specialist Phone: 877-827-6444 ext. 561 3884|