Range Announces Redemption Notice of 7.25% Senior Subordinated Notes Due 2018

Business Wirevia The Motley Fool
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Range Announces Redemption Notice of 7.25% Senior Subordinated Notes Due 2018

FORT WORTH, Texas--(BUSINESS WIRE)-- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that it has called for redemption all $250 million in outstanding principal of its 7.25% Senior Subordinated Notes due 2018 (CUSIP No. 75281AAJ8) at a price of 103.625% of the unpaid principal amount plus accrued interest. The notes will be redeemed on May 2, 2013. Call notices for this issue were sent by The Bank of New York Mellon Trust Company, N.A., the trustee for the notes, to all noteholders.

RANGE RESOURCES CORPORATION (NYSE: RRC) is one of the leading independent oil and natural gas producers in the US. Its operations are primarily focused in the Marcellus Shale in Appalachia and liquids-rich areas of the Southwest. The Company is the largest natural gas liquid producer in Appalachia. The Company pursues an organic growth strategy at low finding costs by targeting the highest rate of return projects within its large inventory of low risk, development drilling opportunities. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com and www.myrangeresources.com.




Range Resources Corporation
Investor Contacts:
Rodney Waller, 817-869-4258
Senior Vice President
or
David Amend, 817-869-4266
Investor Relations Manager
or
Laith Sando, 817-869-4267
Research Manager
or
Michael Freeman, 817-869-4264
Financial Analyst
or
Media Contact:
Matt Pitzarella, 724-873-3224
Director of Corporate Communications

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS:

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