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Vine Energy to redeem 8¾% notes due 2023, 9¾% notes due 2023
By Taylor Fox
New York, March 29 – Vine Energy Inc. subsidiary Vine Energy Holdings LLC plans to redeem all of its outstanding 8¾% senior notes due 2023 and 9¾% senior notes due 2023, according to a news release.
The notes will be redeemed using cash on hand and proceeds from an offering of $950 million senior notes due 2029.
The company will also pay premiums, fees and expenses including interest.
Vine Energy is a natural gas company based in Plano, Tex.
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