Form 8-K · Current Report · Filed 2024-11-22
Expand Energy Announces Pricing of $750M Senior Notes Offering
Expand Energy Corporation announced the pricing of its $750 million aggregate principal amount of 5.700% senior notes due 2035 at 99.609% of their face value.
- Filer
- Expand Energy Corp. EXE · NASDAQ
- Filed
- Accession
- 0001104659-24-122140
- CIK
- 0000895126
- Signal
- Medium impactEnergy
- Source
- Official filing on sec.gov ↗
Details
The notes offering is expected to close on December 2, 2024, and will be used to fund the purchase of existing notes, redeem outstanding notes, and for general corporate purposes. The offering is being made pursuant to an effective shelf registration statement on Form S-3 previously filed with the SEC.
Items reported
Entry into a Material Definitive Agreement
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$100.97
Next session
-2.1%
Since filing
-6.9%
Latest close
$94.03
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from EXE reporting the same item, with the next session's move:
Exhibits (2)
About Expand Energy Corp.
Expand Energy Corp. is a prominent player in the energy sector, engaged primarily in the exploration, development, and production of oil and natural gas resources. The company focuses on leveraging advanced technology and innovative techniques to efficiently harness energy resources while maintaining environmental and safety standards. Expand Energy Corp. operates across multiple regions, capitalizing on a diverse portfolio of onshore and offshore assets that provide stability and growth opportunities. Its activities are crucial in supporting energy supply chains, addressing global energy demand, and contributing to energy security. The company's strategic investments in renewable energy projects also reflect a commitment to transitioning towards more sustainable energy solutions. Through partnerships and collaborations with industry leaders, Expand Energy Corp. plays a significant role in driving technological advancements and sustainable practices within the energy market. As the industry navigates the evolving landscape of energy consumption and regulatory changes, Expand Energy Corp.'s comprehensive approach ensures its participation in the broader dialogue on future energy solutions.
Never miss another EXE filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.