EP Energy LLC - 2015-05-19
Description
Wholly owned subsidiary of EP Energy Corp. opened a cash tender offer for any and all 6.875% senior notes due 2019. The tender offer is scheduled to close May 27 unless extended or ended earlier. Holders of validly tendered and accepted notes will receive $1,037.88 per $1,000 principal amount of notes. They will also receive any accrued and unpaid interest. The tender offer depends on completion of one or more debt securities offerings. Proceeds will finance the buyback of the tendered notes, and will pay related expenses. RBC Capital Markets LLC is dealer manager. D. F. King & Co. is information agent and tender agent.