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Shell Completes $6.35 Billion Notes Exchange Offers

MT Newswires·12/04/2025 07:08:46
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07:08 AM EST, 12/04/2025 (MT Newswires) -- Shell (SHEL.L, SHELL.AS) said Thursday it accepted for exchange $6.35 billion of six old note series as part of its exchange offers. The offers seek to migrate Shell International Finance and BG Energy Capital's old notes to Shell Finance US to bolster the energy group's capital structure and align debt with its US business. The notes involved have maturities ranging from 2028 to 2051. Settlement and issue of the new notes are scheduled for Dec. 8.