Expand Energy Prices $500M Senior Notes at Slight Discount

By Hao Liu • Wednesday, September 16 14:59 • Permanent Link

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

The notes carry a 5.650% coupon and are expected to close on September 17, 2026. The company did not disclose a prior debt issuance in this release, so there is no period-over-period comparison on the size of the offering, pricing, or coupon.

The proceeds are earmarked for general corporate purposes. Expand Energy said the offering is part of its broader financing activity, with Citigroup Global Markets and J.P. Morgan Securities serving as joint book-running managers. As a result of these announcements, the company's shares have moved -3.21% on the market, and are now trading at a price of $91.21. For the full picture, make sure to review EXPAND ENERGY Corp's 8-K report.

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