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PDC $150 Million Tack-on Senior Notes Offering 5.75%
PDC Energy plans to offer a tack-on $150 million debt transaction to its already Senior notes due 2026 which carries at 5.75 % interest rate.
PDC does have $100 million in convertible coming due in 2021
The Company intends to use the net proceeds from the offering for general corporate purposes, which may initially include repayment of amounts outstanding under its revolving credit facility.
Announced Date
September 10,2020
Value ( $MM )
150
Type
Debt
Use of Fund
General Purpose
Company
PDC Energy, Inc.
Regions
Rockies
Country
United States,United States
Play
Niobrara - DJ Basin
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|---|---|---|---|---|
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