NYSE:RRCOil and Gas
How Investors Are Reacting To Range Resources (RRC) Retiring High-Coupon 2029 Notes With Revolver Borrowings
Range Resources Corporation has redeemed all US$600,000,000 of its 8.25% senior notes due 2029, paying US$1,013.75 per US$1,000 in principal plus accrued interest on January 15, 2026, funded through its existing revolving credit facility.
This move replaces higher-coupon bonds with borrowings under the credit facility, reshaping Range Resources’ debt profile and interest cost mix.
Next, we’ll examine how replacing 8.25% senior notes with revolver borrowings could influence Range Resources’...