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Published on 9/7/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

EXCO to redeem all $444.7 million remaining 7¼% senior notes due 2011

By Devika Patel

Knoxville, Tenn., Sept. 7 - EXCO Resources Inc. said it will use a portion of the proceeds from a $500 million offering of 6¾% senior subordinated notes due 2020 to fund a full redemption of its $444.7 million of 7¼% senior notes due 2011.

EXCO is a Dallas-based oil and natural gas exploration, exploitation, development and production company.


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