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Southwestern Energy to redeem all outstanding 7¾% due 2027
By Wendy Van Sickle
Columbus, Ohio, Jan. 27 – Southwestern Energy Co. will redeem all of its outstanding 7¾% senior notes due 2027 on Feb. 26, according to an 8-K filing with the Securities and Exchange Commission.
The redemption price will be 103.875 plus accrued interest. The redemption will be funded using cash on hand and borrowings under the company’s revolving credit facility.
The natural gas exploration and production company is based in Spring, Tex.
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