Range Resources Corp.
Range Resources intends to offer $500 million aggregate principal amount of senior notes due 2026 in a private placement to eligible purchasers.
On January 8, 2020, Range also commenced tender offers to purchase for cash, subject to certain conditions, up to $500 million aggregate principal amount of its outstanding 5.750% senior notes due 2021, 5.875% senior notes due 2022 and 5.000% senior notes due 2022. Range intends to use the net proceeds from the offering, together with borrowings from its bank credit facility, if necessary, to purchase Target Notes in the Tender Offers, including fees and expenses incurred in connection therewith, with the remainder of the net proceeds, if any, to be used to repay borrowings under its bank credit facility.