Expand Energy Corporation announced a cash tender offer for any and all of its outstanding 5.500% Senior Notes due 2026 on November 20, 2024. This move aims to proactively manage the company's debt profile.
Concurrently, the company issued a conditional notice of redemption to redeem all of its outstanding 8.375% Senior Notes due 2028. These actions are part of a broader strategy to optimize its capital structure.
The tender offer for the 2026 Notes is based on specific terms and conditions outlined in an Offer to Purchase. This debt management strategy is expected to enhance Expand Energy's financial flexibility.
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