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Published on 8/24/2023 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

PDC Energy confirms redemption of 5.75% notes due 2026 on May 15

By Marisa Wong

Los Angeles, Aug. 24 – PDC Energy, Inc. announced it issued a notice of redemption on Thursday to the holders of its 5.75% senior notes due 2026, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed in full on May 15, 2024 at par plus accrued interest to the redemption date.

U.S. Bank Trust Co., NA is the trustee.

PDC Energy is a Denver-based natural gas and oil company with properties located mainly in Ohio and West Virginia. Its parent is San Ramon, Calif.-based Chevron Corp., a petroleum, chemical, mining, power and energy company.


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