Expand Energy Corp Prices $500M Senior Notes at 5.650% due 2031

By Philip Seaworth • Wednesday, September 16 13:03 • Permanent Link

Expand Energy priced $500 million of senior notes due 2031 at 99.889% of face value, a slight discount to par.

The notes carry a 5.650% coupon and are expected to close on September 17, 2026. The company said it plans to use the net proceeds for general corporate purposes.

The offering size is $500 million in aggregate principal, with Citigroup Global Markets and J.P. Morgan Securities serving as joint book-running managers. The market has reacted to these announcements by moving the company's shares -3.21% to a price of $91.21. Check out the company's full 8-K submission here.

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