CVR Energy calls $600 million 5¼% senior notes due 2025

By William Gullotti

Buffalo, N.Y., Dec. 21 – CVR Energy Inc. delivered redemption notices to holders of its outstanding $600 million 5¼% senior notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par on Feb. 15, 2024.

Accrued and unpaid interest will be paid up to the redemption date.

As previously reported, proceeds from the company’s $600 million sale of 8½% five-year senior notes will be used to fund the redemption.

CVR Energy is a Sugar Land, Tex.-based diversified holding company primarily engaged in renewables, petroleum refining and nitrogen fertilizer manufacturing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.