Expand Energy Corporation announced the expiration and results of its cash tender offer for its outstanding 5.500% Senior Notes due 2026 on November 27, 2024. The offer expired at 5:00 p.m., New York City time, on the same date.
As of the expiration time, $453,162,000 aggregate principal amount of the Notes were validly tendered. This represents approximately 90.63% of the total outstanding principal amount of the 2026 Notes.
The successful completion of this tender offer demonstrates Expand Energy's effective debt management strategy. This action contributes to optimizing the company's financial structure and reducing future obligations.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.