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FINWIRES

Shell Receives $6.3 Billion in Tenders in Notes Exchange Offers

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Shell (SHEL.L, SHELL.AS) said Thursday that an aggregate principal amount of $6.3 billion of notes were validly tendered under its exchange offer for six series of notes issued by Shell Finance US.

The exchange offer covered the outstanding $920.7 million of 3.875% notes due 2028, $2.06 billion of 6.375% notes due 2038, $802.1 million of 5.500% notes due 2040, $691.2 million of 5.125% notes due 2041, $993.7 million of 3.125% notes due 2049, and $876.8 million of 3% notes due 2051.

The energy giant plans to exchange the notes with a similar amount of new notes.

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