ASCENT RESOURCES UTICA HOLDINGS, LLC ANNOUNCES CLOSING OF $400 MILLION OFFERING OF 5.875% SENIOR NOTES DUE 2029
Oklahoma City, Oklahoma, June 14, 2021 (PR Newswire) -- Ascent Resources Utica Holdings, LLC (together with its subsidiaries, “Ascent”) announced today that it, with its wholly-owned subsidiary, ARU Finance Corporation, has closed on a private offering of $400 million in aggregate principal amount of 5.875% senior unsecured notes due 2029 (the “2029 Notes”). Ascent used the proceeds of the 2029 Notes offering to pay down a portion of the outstanding borrowings under its revolving credit facility.
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