Marathon Oil Corporation

11/22/2024 | Press release | Distributed by Public on 11/22/2024 15:24

Asset Transaction Form 8 K

Item 1.02 Termination of a Material Definitive Agreement.

In connection with the consummation of the Merger, on November 22, 2024, Marathon terminated all outstanding commitments, including commitments to issue letters of credit, under the Amended and Restated Credit Agreement, dated as of May 28, 2014 (as amended from time to time, the "Credit Agreement"), by and among Marathon, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent. In connection with the termination of the Credit Agreement, all outstanding obligations for principal, interest and fees under the Credit Agreement were paid off in full.