ExxonMobil Holdings Corp Announces $185.9M Floating Rate Notes Due 2076

What Happened

• On September 23, 2026, ExxonMobil Holdings Corporation and its subsidiary Exxon Mobil Corporation entered an underwriting agreement to issue $185,883,000 aggregate principal amount of Floating Rate Notes due 2076.
• The Notes are to be fully and unconditionally guaranteed by ExxonMobil Holdings Corporation and were established under an existing indenture (originally dated March 20, 2014 and supplemented June 26, 2020 and July 1, 2026) with Deutsche Bank Trust Company Americas as trustee. An officer’s certificate dated September 25, 2026 sets the terms and forms of the Notes.
• The offering was made under Exxon Mobil’s Registration Statement on Form S-3 (Reg. No. 333-293558), as amended July 1, 2026. The underwriting agreement names RBC Capital Markets, Deutsche Bank Securities, J.P. Morgan Securities, Morgan Stanley and UBS as managers.

Key Details

• Amount: $185,883,000 aggregate principal of Floating Rate Notes.
• Maturity: Due 2076 (floating interest rate).
• Guarantee: Fully and unconditionally guaranteed by ExxonMobil Holdings Corporation.
• Documentation: Underwriting agreement and officer’s certificate filed as exhibits; legal opinions from Davis Polk & Wardwell LLP and in-house counsel were also filed.

Why It Matters

• This filing documents a material debt issuance that increases the company’s long-term obligations by $185.9 million. Because the notes pay a floating rate, future interest expense will vary with market rates.
• The parent company’s guarantee is a credit support feature that may be relevant to bondholders and creditors assessing credit risk.
• The filing does not state the intended use of proceeds; investors should monitor future disclosures (e.g., quarterly filings) for how the company deploys the capital and any impact on leverage or cash flows.