Devon Energy Corp.
Devon Energy Corp. has announced the consideration payable in connection with its previously announced tender offers to purchase for cash up to an aggregate principal amount that would not result in the aggregate amount that all holders of the notes are entitled to receive, excluding accrued and unpaid interest, for their notes that are validly tendered and accepted for purchase in the tender offers, exceeding the aggregate maximum repurchase amount. The company amended the tender offers to increase the aggregate maximum repurchase amount from initially $1 billion to such aggregate amount necessary to pay the total consideration for all of the eligible notes validly tendered and not validly withdrawn in the tender offers as of the early tender date, which total consideration is equal to approximately $1.1 billion.