December 10, 2009 (FinancialWire) — Hess Corp. (NYSE: HES) said it has agreed to sell $750 million of notes with a 6.0% coupon maturing on January 15, 2040 in a registered public offering led by Goldman, Sachs & Co. (NYSE: GS), J.P. Morgan Securities Inc. (NYSE: JPM) and Morgan Stanley & Co (NYSE: MS).

Hess plans to use the net proceeds of the note offering primarily for the purchase of its 6.65% notes due 2011 that are purchased pursuant to its cash tender offer announced earlier TODAY, and for working capital and other general corporate purposes.

New York-based Hess is an integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products.

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