Indigo to redeem 6 7/8% notes due 2026 with new $700 million issue

By Cady Vishniac

Detroit, Jan. 19 – Indigo Natural Resources LLC plans to use the proceeds from an announced $700 million offering of senior notes due 2029 to redeem all of its outstanding 6 7/8% senior notes due Feb. 15, 2026, according to a press release.

The company also plans to repay borrowings under its revolving credit facility.

Indigo is a Houston-based independent natural gas and natural gas liquids company.

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