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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
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.
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