Coterra to redeem Coterra, Cimarex 4.375% notes due 2024

By Wendy Van Sickle

Columbus, Ohio, Sept. 19 – Coterra Energy Inc. issued notices of redemption for its 4.375% senior notes due 2024 and subsidiary Cimarex Energy Co.’s 4.375% senior notes due 2024, according to an 8-K filing with the Securities and Exchange Commission.

The company will redeem its $705,495,000 of outstanding 2024 notes and the $44,497,000 of outstanding Cimarex 2024 notes on Oct. 19 at the greater of par and a make-whole amount.

Coterra is a Houston-based independent natural gas producer. Cimarex is an oil and gas company based in Denver.

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