debt
confidence high
sentiment positive
materiality 0.55
Comstock Resources completes redemption of $244.4M of 7.50% senior notes due 2025
COMSTOCK RESOURCES INC
- Redeemed all $244.4M aggregate principal of 7.50% senior notes due 2025 on May 15, 2022.
- Redemption price of 101.875% plus accrued interest totaled $258.1M.
- Funded redemption using borrowings on bank credit facility and cash on hand.
- Indenture satisfied and discharged; company and guarantors have no further obligations under those notes.