Expand Energy (EXE) on Wednesday announced the terms to repurchase any and all 5.50% senior notes due 2026 at $1,001.52 for every $1,000 principal amount validly tendered, plus accrued and unpaid interest.
The company had $500 million worth of the debt outstanding.
The offer is due to expire at 5 p.m. ET Wednesday, and is expected settle on Dec. 3, the company said.
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