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Issuer: | | Chevron U.S.A. Inc. |
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Guarantor: | | Chevron Corporation |
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Aggregate Principal Amount Offered: | | $350,000,000 |
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Maturity Date: | | August 12, 2022 |
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Interest Payment Dates: | | February 12, May 12, August 12, and November 12 of each year, commencing November 12, 2020 |
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Initial Interest Rate: | | Three-month LIBOR, determined as of two London Business Days prior to the original issue plus 11 bps |
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Interest Reset Periods: | | Quarterly |
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Interest Rate Determination: | | Three-month LIBOR plus 11 bps, subject to the provisions set forth under “Description of the Notes—Interest—Floating Rate Notes” in the prospectus supplement for the notes, determined as of two London Business Days on the applicable interest determination date |
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Interest Determination Date: | | Two London Business Days prior to the first day of the related interest period |
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London Business Day: | | With respect to the notes, a “London Business Day” is any day on which dealings in United States dollars are transacted on the London interbank market |
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Day Count Convention: | | Actual/360 |
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Calculation Agent: | | Deutsche Bank Trust Company Americas, or its successor appointed by the Company |
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Price to Public: | | Per Note: 100.000%; Total: $350,000,000 |
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Aggregate Net Proceeds (Before Expenses): | | $349,615,000 |
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Redemption: | | The Floating Rate Notes Due 2022 shall not be redeemable prior to their maturity |
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Trade Date: | | August 10, 2020 |
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Settlement Date: | | August 12, 2020 (T+2) |
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CUSIP / ISIN: | | 166756AG1 / US166756AG15 |
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Concurrent Debt Offerings: | | The issuer is also offering $400,000,000 of its 0.333% Notes Due 2022, $500,000,000 of its 0.426% Notes Due 2023, $500,000,000 of its Floating Rate Notes Due 2023, $750,000,000 of its 0.687% Notes Due 2025, $750,000,000 of its 1.018% Notes Due 2027, and $750,000,000 of its 2.343% Notes Due 2050, for total additional net proceeds (before expenses) for such concurrent debt offerings of $3,642,572,500 |