Marathon Oil priced an offering of $1 billion of 4.400% senior notes that will mature on July 15, 2027.

The company recently extended the maturity of its undrawn revolving credit facility by one year to 2021, and upsized the credit facility from $3.3 billion to $3.4 billion. According to a related 8-K filing, JPMorgan Chase served as administrative agent for the transaction.

The lender party includes The Royal Bank of Scotland as syndication agent and Citibank, Morgan Stanley and The Bank of Nova Scotia as documentation agents.