Permian Resources Unit to Redeem $175 Million of Senior Notes

MT Newswires Live
01-15

Permian Resources (PR) said Tuesday that its subsidiary Permian Resources Operating will redeem $175 million of the total outstanding 9.875% senior notes due 2031.

Permian Resources Operating will redeem the notes on Jan. 24, at 109.875% of the principal amount, plus accrued interest, the company said. After the redemption, $325 million of notes will remain outstanding.

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