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Citgo to fully redeem $650 million 6¼% senior notes due 2022
By Taylor Fox
New York, Feb. 3 – Citgo Petroleum Corp. plans to redeem all $650 million of its 6¼% senior secured notes due Aug. 15, 2022, according to a news release.
The notes will be redeemed using proceeds from Citgo’s $650 million notes offering and cash on hand.
Th redemption is contingent upon the consummation of the notes offering.
Citgo is a Houston-based refiner.
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