trending Market Intelligence /marketintelligence/en/news-insights/trending/_MGuKbv1kAcA7JODLxVpAw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

PDC Energy to repurchase $550M of senior notes

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Energy Evolution Podcast

Energy futurist sees major challenges for renewables in next 30 years

PDC Energy to repurchase $550M of senior notes

Colorado-based oil and gas driller PDC Energy Inc. started an offer to repurchase $550 million of 6.250% senior notes due 2025, according to a Jan. 17 release.

The company will repurchase the notes at 101% of its principal amount plus accrued and unpaid interest. The offering will expire Feb. 18 at 5 p.m. ET, unless extended.

The notes were originally issued by SRC Energy Inc. but were assumed by PDC as part of the merger agreement dated Aug. 25, 2019.

PDC Energy recently closed its $1.7 billion all-stock merger with SRC, which included the assumption of $685 million of SRC's net debt as of June 30, 2019.