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Chevron Corp – ‘8-K’ for 5/11/20

On:  Monday, 5/11/20, at 9:08pm ET   ·   As of:  5/12/20   ·   For:  5/11/20   ·   Accession #:  1193125-20-139497   ·   File #:  1-00368

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/12/20  Chevron Corp                      8-K:8,9     5/11/20   14:1.2M                                   Donnelley … Solutions/FA

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     37K 
 2: EX-1.1      Underwriting Agreement                              HTML    150K 
 3: EX-4.1      Instrument Defining the Rights of Security Holders  HTML    347K 
 4: EX-4.2      Instrument Defining the Rights of Security Holders  HTML    246K 
 5: EX-5.1      Opinion of Counsel re: Legality                     HTML     14K 
13: R1          Document and Entity Information                     HTML     47K 
11: XML         IDEA XML File -- Filing Summary                      XML     13K 
12: XML         XBRL Instance -- d877876d8k_htm                      XML     14K 
10: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 7: EX-101.LAB  XBRL Labels -- cvx-20200511_lab                      XML     54K 
 8: EX-101.PRE  XBRL Presentations -- cvx-20200511_pre               XML     34K 
 6: EX-101.SCH  XBRL Schema -- cvx-20200511                          XSD     13K 
 9: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    19K 
14: ZIP         XBRL Zipped Folder -- 0001193125-20-139497-xbrl      Zip    120K 


‘8-K’   —   Current Report


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 iX: 
  8-K  
 i CHEVRON CORP  i false  i 0000093410 0000093410 2020-05-11 2020-05-11

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form  i 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  i May 11, 2020

 

Chevron Corporation

(Exact name of registrant as specified in its charter)

 

 i Delaware

 

 i 001-00368

 

 i 94-0890210

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 i 6001 Bollinger Canyon Road,  i San Ramon,  i CA

 

 i 94583

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code:  i (925)  i 842-1000

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 i  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading

Symbol

 

Name of each exchange

on which registered

 i Common stock, par value $.75 per share

 

 i CVX

 

 i New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).     

Emerging growth company   i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 


Item 8.01 Other Events.

On May 11, 2020, Chevron Corporation (the “Corporation”) issued its 1.141% Notes Due 2023 in the aggregate principal amount of $1,200,000,000 (the “2023 Fixed Rate Notes”), its Floating Rate Notes Due 2023 in the aggregate principal amount of $300,000,000 (the “2023 Floating Rate Notes”), its 1.554% Notes Due 2025 in the aggregate principal amount of $2,500,000,000 (the “2025 Fixed Rate Notes”), its 1.995% Notes Due 2027 in the aggregate principal amount of $1,000,000,000 (the “2027 Fixed Rate Notes”), its 2.236% Notes Due 2030 in the aggregate principal amount of $1,500,000,000 (the “2030 Fixed Rate Notes”), its 2.978% Notes Due 2040 in the aggregate principal amount of $500,000,000 (the “2040 Fixed Rate Notes”) and its 3.078% Notes Due 2050 in the aggregate principal amount of $1,000,000,000 (the “2050 Fixed Rate Notes”, and together with the 2023 Fixed Rate Notes, the 2023 Floating Rate Notes, the 2025 Fixed Rate Notes, the 2027 Fixed Rate Notes, the 2030 Fixed Rate Notes and the 2040 Fixed Rate Notes, the “Notes”). The Notes were issued pursuant to an Indenture, dated as of May 11, 2020 (the Indenture), as supplemented by the First Supplemental Indenture, dated as of May 11, 2020 (the “First Supplemental Indenture), each being between the Corporation and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”).

On May 7, 2020, the Corporation entered into an Underwriting Agreement (the Underwriting Agreement) with J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Corporation agreed to issue and sell the Notes to the Underwriters. The provisions of the Underwriting Agreement are incorporated herein by reference.

The 2023 Fixed Rate Notes and the 2023 Floating Rate Notes will mature on May 11, 2023, the 2025 Fixed Rate Notes will mature on May 11, 2025, the 2027 Fixed Rate Notes will mature on May 11, 2027, the 2030 Fixed Rate Notes will mature on May 11, 2030, the 2040 Fixed Rate Notes will mature on May 11, 2040 and the 2050 Fixed Rate Notes will mature on May 11, 2050.

The Corporation will pay interest on (i) the 2023 Fixed Rate Notes, the 2025 Fixed Rate Notes, the 2027 Fixed Rate Notes, the 2030 Fixed Rate Notes, the 2040 Fixed Rate Notes, and the 2050 Fixed Rate Notes on May 11 and November 11 of each year starting on November 11, 2020, and (ii) the 2023 Floating Rate Notes on February 11, May 11, August 11 and November 11 of each year starting on August 11, 2020. The 2023 Floating Rate Notes will bear interest at a floating rate equal to three-month London Interbank Offered Rate (“LIBOR”) plus 0.90%, subject to the provisions set forth in the Final Prospectus Supplement filed with the Securities and Exchange Commission on May 8, 2020 (Registration No. 333-224637) (the “Final Prospectus Supplement”). The Corporation will have the right to redeem the fixed rate notes in whole or in part at any time prior to maturity at the redemption price described in the Final Prospectus Supplement. The Corporation will not have the right to redeem the 2023 Floating Rate Notes prior to maturity.

The Corporation has filed with the Securities and Exchange Commission a Prospectus dated May 3, 2018 (Registration No. 333-224637), a Preliminary Prospectus Supplement dated May 7, 2020, a Free Writing Prospectus dated May 7, 2020 and the Final Prospectus Supplement dated May 7, 2020 in connection with the public offering of the Notes.

The descriptions of the Underwriting Agreement, the Indenture and the First Supplemental Indenture are qualified in their entirety by the terms of such agreements themselves. Please refer to such agreements, and the forms of the Notes, each of which is incorporated herein by reference and attached to this report as Exhibits 1.1, 4.1, 4.2, and 4.3, respectively.


Item 9.01 Financial Statements and Exhibits.

(d)     Exhibits.

Exhibit
Number

   

Description

         
 

  1.1

   

Underwriting Agreement, dated May 7, 2020, among the Corporation and J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc. and Citigroup Global Markets Inc., as the representatives of the several underwriters named therein.

         
 

  4.1

   

Indenture, dated as of May 11, 2020, between Chevron Corporation and Deutsche Bank Trust Company Americas, as trustee.

         
 

  4.2

   

First Supplemental Indenture, dated as of May 11, 2020, between Chevron Corporation and Deutsche Bank Trust Company Americas, as trustee.

         
 

  4.3

   

Forms of 1.141% Notes Due 2023, Floating Rate Notes Due 2023, 1.554% Notes Due 2025, 1.995% Notes Due 2027, 2.236% Notes Due 2030, 2.978% Notes Due 2040 and 3.078% Notes Due 2050 (contained in Exhibit 4.2 hereto).

         
 

  5.1

   

Opinion of Pillsbury Winthrop Shaw Pittman LLP.

         
 

23.1

   

Consent of Pillsbury Winthrop Shaw Pittman LLP (contained in their opinion filed as Exhibit 5.1 hereto).

         
 

104

   

Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 11, 2020

 

 

 

         

 

 

CHEVRON CORPORATION

             

 

 

By

 

/s/ Christine L. Cavallo

 

 

Name:

 

Christine L. Cavallo

 

 

Title:

 

Assistant Secretary


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
5/11/30
5/11/27
5/11/25
5/11/23
11/11/20
8/11/204,  424B2,  FWP,  S-4
Filed as of:5/12/20
Filed on / For Period end:5/11/20
5/8/20424B2,  FWP,  PX14A6G
5/7/20305B2,  424B3,  PX14A6G
5/3/1810-Q,  4,  S-3ASR
 List all Filings 


24 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/26/24  Chevron Corp.                     424B3                  1:11M                                    Donnelley … Solutions/FA
 4/26/24  Hess Corp.                        DEFM14A                1:11M                                    Donnelley … Solutions/FA
 4/24/24  Chevron Corp.                     S-4/A                144:35M                                    Donnelley … Solutions/FA
 4/12/24  Chevron Corp.                     S-4/A                144:35M                                    Donnelley … Solutions/FA
 3/28/24  Chevron Corp.                     S-4/A                144:26M                                    Donnelley … Solutions/FA
 2/26/24  Chevron Corp.                     S-4                  151:45M                                    Donnelley … Solutions/FA
 2/26/24  Chevron Corp.                     10-K       12/31/23  155:25M
 8/03/23  Chevron Corp.                     S-3ASR      8/03/23   11:630K                                   Donnelley … Solutions/FA
 2/23/23  Chevron Corp.                     10-K       12/31/22  150:26M
 2/24/22  Chevron Corp.                     10-K       12/31/21  146:27M
 2/25/21  Chevron Corp.                     10-K       12/31/20  149:28M
12/14/20  Chevron Corp.                     424B3                  1:651K                                   Donnelley … Solutions/FA
12/03/20  Chevron Corp.                     S-4                   17:3.5M                                   Donnelley … Solutions/FA
10/05/20  Chevron Corp.                     S-3ASR     10/05/20    5:577K                                   Donnelley … Solutions/FA
10/05/20  Chevron Corp.                     S-8        10/05/20    7:391K                                   Donnelley … Solutions/FA
10/05/20  Chevron Corp.                     S-8 POS    10/05/20    4:74K                                    Donnelley … Solutions/FA
 8/26/20  Chevron Corp.                     424B3                  1:2M                                     Donnelley … Solutions/FA
 8/26/20  Noble Energy Inc.                 DEFM14A     8/26/20    1:2M                                     Donnelley … Solutions/FA
 8/24/20  Chevron Corp.                     S-4/A                  7:2.1M                                   Donnelley … Solutions/FA
 8/11/20  Chevron Corp.                     424B2                  1:488K                                   Donnelley … Solutions/FA
 8/11/20  Chevron Corp.                     S-4                    9:2.1M                                   Donnelley … Solutions/FA
 8/10/20  Chevron Corp.                     424B3                  1:459K                                   Donnelley … Solutions/FA
 8/07/20  Chevron Corp.                     S-3ASR      8/10/20   14:1.8M                                   Donnelley … Solutions/FA
 8/05/20  Chevron Corp.                     10-Q        6/30/20   86:11M
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