Range Resources Corp.

Description

Range Resources intends to offer $500 million aggregate principal amount of senior notes due 2026 in a private placement to eligible purchasers.

On January 8, 2020, Range also commenced tender offers to purchase for cash, subject to certain conditions, up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021, 5.875% senior notes due 2022 and 5.000% senior notes due 2022. Range intends to use the net proceeds from the offeringtogether with borrowings from its bank credit facility, if necessary, to purchase Target Notes in the Tender Offers, including fees and expenses incurred in connection therewith, with the remainder of the net proceeds, if any, to be used to repay borrowings under its bank credit facility.

Click here to go back to the search page
Estimated Price
$500.0MM
Financing Type
Report Date