XTO Energy redeems 9¼% notes

New York, June 3 - XTO Energy Inc. said it redeemed its $125 million of 9¼% senior subordinated notes due 2007 with proceeds from its recent issuance of $350 million of 7½% senior notes due 2012.

Holders of the old notes received 104.625% of face value plus accrues interest to the June 3 redemption date.

© 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.