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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 9/8/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CNX Resources to redeem all outstanding 5 7/8% senior notes due 2022

By Taylor Fox

New York, Sept. 8 – CNX Resources Corp. issued a conditional notice of redemption to holders of outstanding 5 7/8% senior notes due 2022, according to a news release.

CNX intends to redeem all of the outstanding 2022 notes on or around Oct. 8.

The redemption price is 100% of the principal amount, plus interest.

The redemption is conditioned upon the issuance of $200 million of its 7¼% senior notes due 2027.

Following the redemption, CNX will not have any senior note maturities prior to 2026.

CNX Resources is a Canonsburg, Pa., natural gas exploration, development and production company.


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