E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/15/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

EXCO to redeem $444.7 million 7¼% senior notes due 2011 on Oct. 15

By Devika Patel

Knoxville, Tenn., Sept. 15 - EXCO Resources Inc. said it has called its $444.7 million in 7¼% senior notes due 2011.

The company is using a portion of the $724.4 million in net proceeds from a completed offering of $750 million in 7½% senior notes due 2018 to fund the redemption, which is expected to be completed on Oct. 15.

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


© 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.