Range Resources Corp. - 2011-06-24
Description
The company has completed the redemption of the following:
- all of its outstanding 6-3/8% senior subordinated notes due 2015 at a redemption price of 102.125% of the unpaid principal amount plus accrued and unpaid interest thereon and;
- all of its outstanding 7-1/2% senior subordinated notes due 2016 at a redemption price of 103.75% of the unpaid principal amount plus accrued and unpaid interest thereon.
Range used a portion of the net proceeds from its offering of $500 million aggregate principal amount of 5-3/4% senior subordinated notes due 2021, which closed on May 25, 2011, to redeem the notes.