debt
confidence high
sentiment neutral
materiality 0.50
Coterra Energy to redeem $750M aggregate of 4.375% Senior Notes due 2024
Coterra Energy Inc.
- Redeeming $705.495M of its own 4.375% Senior Notes due 2024 on Sept 29, 2022.
- Redeeming $44.497M of Cimarex Energy Co.'s 4.375% Senior Notes due 2024 on Oct 19, 2022.
- Redemption price: greater of 100% principal or make-whole premium plus accrued interest.
- Combined principal amount redeemed totals approximately $750 million.