Finance - buy Backs
Consol will use the net proceeds to buy back up to $200 million, in principal amount, of its 8.25% notes due 2020.
The company financed the buyback through its secured credit facility, Lighstream said.
All the original notes were validly tendered, the company said.
The offer is scheduled to close July 18, the company said.
The offer now expires on June 30, Regency said.
The buyback will close on June 28, the company said.
The amended buyback was originally announced in May 2013, the company said.
A redemption is scheduled for any remaining notes, the company said.
The notes will be exchanged for a like principal amount of outstanding, unregistered 9.25% notes due 2021, Atlas Resource Finance Corp. and Atlas Energy Holdings Co. LLC said.
Proceeds from the offering, alongside cash, will be used to repurchase two sets of senior notes, the company said.
The tender offer is scheduled to close April 29, the company said.
This year it has bought back 12.8 million common shares at $780 million total cost.