SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) August 12, 2004
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UNOCAL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-8483 95-3825062
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(Commission File Number) (I.R.S. Employer Identification No.)
2141 Rosecrans Avenue, Suite 4000, El Segundo, California 90245
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(Address of Principal Executive Offices) (Zip Code)
(310) 726-7600
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(Registrant's Telephone Number, Including Area Code)
Item 5. Other Events.
In its Form 10-Q for the three months ended June 30, 2004, Unocal Corporation
disclosed that it was negotiating a $1.0 billion five-year credit agreement to
replace its $600 million credit facility, which was due to terminate on October
31, 2006, and its $400 million 364-day credit agreement, which was due to
terminate on September 30, 2004. On August 12, 2004, the $600 million and $400
million bank facilities were terminated and Unocal Corporation and its wholly
owned subsidiary, Union Oil Company of California, entered into a $1.0 billion
revolving credit agreement with a maturity date of August 12, 2009. This new
agreement is filed as an exhibit under Item 7(c) of this report.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
10. Five-Year Credit Agreement, dated as of August 12, 2004, among
Union Oil Company of California and the borrowing subsidiaries
from time to time party thereto, as Borrowers; Unocal
Corporation, as Guarantor; JPMorgan Chase Bank, as Administrative
Agent and Issuing Bank, Citicorp USA, Inc., as Syndication Agent,
and the lenders from time to time party thereto.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
UNOCAL CORPORATION
(Registrant)
Date: August 18, 2004 By: /s/ JOE D. CECIL
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Joe D. Cecil
Vice President and Comptroller