Exxon Mobil Corporation Announces Invitations to Bondowners.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 16, 2001 to offer to sell for cash the following Bonds:
Issuer Name of Bonds Dated Date Maturity
California Pollution Exempt Facilities Dec. 1, 1996 Dec. 1, 2029
Control Financing Revenue Bonds,
Authority Series 1996 (Mobil
Oil Corporation
Project)
Gulf Coast Industrial Pollution Control July 1, 1997 July 1, 2007
Development Authority Revenue Bonds,
Series 1997 (Mobil
Oil Corporation
Project)
Lower Neches Valley Pollution Control Nov. 1, 1993 Nov. 1, 2028
Authority Industrial Refunding Revenue
Development Bonds, Series 1993
Corporation (NRTC Project)
Pollution Control Feb. 1, 1994 Feb. 1, 2029
Revenue Bonds,
Series 1994 (Neches
River Treatment
Corporation Project)
Sewage Facilities March 1, 1995 March 1, 2030
Revenue Bonds,
Series 1995 (Mobil
Oil Refining
Corporation Project)
Exempt Facilities April 1, 1996 April 1, 2026
Revenue Bonds,
Series 1996 (Mobil
Oil Refining
Corporation Project)
Refunding Revenue May 1, 1997 May 1, 2022
Bonds, Series 1997
(Mobil Oil Refining
Corporation Project)
Refunding Revenue March 1, 1998 March 1, 2033
Bonds, Series 1998
(Mobil Oil Refining
Corporation Project)
Issuer Name of Bonds Par Amount Interest
Outstanding Rate CUSIP
California Exempt Facilities
Pollution Control Revenue Bonds, $46,500,000 5.50% 13053WAA6
Financing Series 1996 (Mobil
Authority Oil Corporation
Project)
Gulf Coast Pollution Control $11,500,000 4.95% 40221EAB4
Industrial Revenue Bonds,
Development Series 1997 (Mobil
Authority Oil Corporation
Project)
Lower Neches Pollution Control $5,675,000 5.35% 548346AC9
Valley Authority Refunding Revenue
Industrial Bonds, Series 1993
Development (NRTC Project)
Corporation
Pollution Control $11,200,000 5.65% 548346AD7
Revenue Bonds,
Series 1994 (Neches
River Treatment
Corporation Project)
Sewage Facilities $86,000,000 6.40% 54834NAA6
Revenue Bonds,
Series 1995 (Mobil
Oil Refining
Corporation Project)
Exempt Facilities $25,000,000 6.35% 548344AA8
Revenue Bonds,
Series 1996 (Mobil
Oil Refining
Corporation Project)
Refunding Revenue $33,000,000 5.80% 548351AA3
Bonds, Series 1997
(Mobil Oil Refining
Corporation Project)
Refunding Revenue $25,000,000 5.55% 548351AB1
Revenue Bonds,
Series 1998 (Mobil
Oil Refining
Corporation Project)
Issuer Name of Bonds Dated Date Maturity
The Industrial Pollution Control Dec. 11, 1984 Dec. 1, 2014
Development Board Revenue Bonds
of Mobile County (Mobil Project)
Series 1984
Rhode Island Marine Terminal Nov. 21, 1984 Nov. 1, 2014
Industrial Revenue Bonds
Facilities (Mobil Oil
Corporation Refining
Corporation
Project)
Series 1984
City of Valdez, Marine Terminal Nov. 1, 1993 Nov. 1, 2028
Alaska Revenue Refunding
Bonds, Series 1993
(Mobil Alaska
Pipeline Company
Project)
The County of Exempt Facilities April 1, 1996 April 1, 2026
Will, Illinois Revenue Bonds,
Series 1996 (Mobil
Oil Refining
Corporation
Project)
Exempt Facilities Feb. 15, 1997 Feb. 1, 2027
Revenue Bonds,
Series 1997
(Mobil Oil
Refining
Corporation
Project)
Issuer Name of Bonds Par Amount Interest
Outstanding Rate CUSIP
The Industrial Pollution Control $12,000,000 6.00% 607339AA6
Development Board Revenue Bonds
of Mobile County (Mobil Project)
Series 1984
Rhode Island Marine Terminal $15,400,000 6.00% 762279AA5
Industrial Revenue Bonds
Facilities (Mobil Oil
Corporation Refining
Corporation
Project)
Series 1984
City of Valdez, Marine Terminal $29,750,000 5.75% 919061DQ1
Alaska Revenue Refunding
Bonds, Series 1993
(Mobil Alaska
Pipeline Company
Project)
The County of Exempt Facilities $14,185,000 6.40% 968660AA8
Will, Illinois Revenue Bonds,
Series 1996 (Mobil
Oil Refining
Corporation
Project)
Exempt Facilities $12,630,000 6.00% 96866EAA8
Revenue Bonds,
Series 1997
(Mobil Oil
Refining
Corporation
Project)
Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. (ExxonMobil) (NYSE NYSE See: New York Stock Exchange :XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation ) announced today that it has invited owners (including beneficial owners Beneficial Owner A person who enjoys the benefits of ownership even though title is in another name. Notes: For example, when shares of a mutual fund are held by a custodian bank or when securities are held by a broker in street name, the true owner is the beneficial ) of each series of bonds listed above to offer to sell to ExxonMobil for cash all or part of their bonds. A bondowner may make an offer to sell bonds at a minimum offer price specified by the bondowner. Alternatively, a bondowner may make an offer to sell bonds without specifying an offer price. If ExxonMobil elects to purchase bonds of a series, ExxonMobil will determine a single purchase price (not including accrued interest Accrued Interest The interest that has accumulated on a bond since the last interest payment up to but not including the settlement date. There are two methods for calculating accrued interest: 1) 360-day year method, used for corporate and municipal bonds. ) expressed in dollars per $100 principal amount for that series and will accept all offers of bonds of that series specifying an offer price equal to or less than the purchase price for that series. Subject to certain exceptions, ExxonMobil will also accept all offers of bonds of that series that did not state an offer price. All bondowners of a series whose offers are accepted by ExxonMobil will receive the same purchase price even if that price is higher than a bondowner's offer price. Subject to certain exceptions, offers to sell bonds pursuant to the invitations are irrevocable Unable to cancel or recall; that which is unalterable or irreversible. IRREVOCABLE. That which cannot be revoked. 2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is . Each invitation will expire at 5:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Friday, March 9, 2001, unless such invitation is earlier terminated or extended. The purchase price of bonds purchased will be paid (subject to applicable withholding taxes The amount legally deducted from an employee's wages or salary by the employer, who uses it to prepay the charges imposed by the government on the employee's yearly earnings. ) approximately one week after the expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created of the invitation. Accrued interest on purchased bonds through the day before purchase will also be paid. ExxonMobil is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to accept any offers of bonds and ExxonMobil has the right to extend, terminate, or amend the terms of any invitation. Each invitation will be conditioned upon, among other things, the issuance by an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: issuer of a series of variable rate bonds to refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid. 2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies the purchased bonds. Bonds will be returned unless purchased on or before March 30, 2001. Information with respect to the invitations will be given by release through Business Wire, Bloomberg Financial Market Systems, Financial Information, Inc., DPC DPC Department of Premier and Cabinet (Victoria, Australia) DPC Dutch Power Cows DPC Deferred Procedure Calls (Microsoft Windows NT 4. Data, Inc., Interactive Data, Standard & Poor's J.J. Kenny Municipal Repository (1) A database of information about applications software that includes author, data elements, inputs, processes, outputs and interrelationships. A repository is used in a CASE or application development system in order to identify objects and business rules for reuse. and DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). and by posting to www.bondcom.com/exxonmobil. The Dealer Manager for the invitations is Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean
Witter Dean Witter may refer to:
A firm often has stockholders and bondholders. In a liquidation, the bondholders have first priority. bondholder An individual or institution that owns bonds in a corporation or other organization. Communications Group. ExxonMobil will pay a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual fee of $4.00 per $1,000 of up to the first $250,000 aggregate par amount of Bonds purchased in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with the terms of the invitations to any member of a registered national securities exchange or of the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. , Inc. or a commercial bank or trust company having an office, branch or agency in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. solicited from retail customers. Bondowners will not be obligated to pay any fees to the Dealer Manager. This press release is neither an offer to buy nor a solicitation of an offer to sell any securities. Each invitation is made solely by the Invitations by Exxon Mobil Corporation dated February 16, 2001, which contains important information which should be read before offers are made. Copies of the Invitations can be obtained from the Information Agent at the telephone numbers listed below or from the Internet at http://www.bondcom.com/exxonmobil. Institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. with questions about the Invitations should contact the Dealer Manager. Individual investors and their brokers and account executives with questions about the Invitations should contact the Information Agent at (888) 385-BOND ((888) 385-2663) Attention: Eileen Mahoney, e-mail exxonmobil@bondcom.com. |
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