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Linn calls $89.57 million 9 7/8% notes, $87.5 million 11¾% notes
By Melissa Kory
Cleveland, Feb. 9 - Linn Energy, LLC and Linn Energy Finance Corp. announced that they will redeem their $89,574,000 of 9 7/8% senior notes due July 1, 2018 and $87.5 million of 11¾% senior notes due May 15, 2017.
The notes will be redeemed on March 10. The 9 7/8% notes will be redeemed at 109.875, and the 11¾% notes will be redeemed at 111.75. All holders will also receive accrued interest to the redemption date.
U.S. Bank is the redemption agent.
Linn is a Houston-based oil and natural gas company.
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