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National Fuel Gas to redeem 6.5% notes with new deal proceeds
New York, Sept. 18 – National Fuel Gas Co. plans to redeem all $300 million of its 6.5% senior notes due April 15, 2018 using proceeds from an offering of new notes.
The company announced the new notes in a 424B5 filing with the Securities and Exchange Commission on Monday.
Proceeds from the debt offering will also be used for general corporate purposes.
National Fuel Gas is a Williamsville, N.Y., company that operates in oil and gas exploration and production, natural gas transportation, storage, gathering and processing, utility supply of natural gas and natural gas marketing.
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