Range Resources Details Redemption Notice of 7.5% Senior Subordinated Notes Due 2017; Shares Edge Lower

By MidnightTrader.com Staff,

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Range Resources Corp. ( RRC ) has called for redemption on December 28, 2012, all $250 million in outstanding principal of its 7.5% Senior Subordinated Notes due 2017 (CUSIP No. 75281AAH2) at a price of 103.75% of the unpaid principal amount plus accrued interest through December 27, 2012.

Call notices for this issue were sent to all noteholders by Bank of New York Mellon Trust Company, N.A., the trustee for the notes.

RRC is down 0.2% to $66.69 in a 52-week range of $52.34 - $73.94. Shares have dipped 0.28% in the last 12 months.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: RRC

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