Cimarex Energy calls $496.58 million 5.875% notes due 2022 at 102.938

By Susanna Moon

Chicago, April 13 – Cimarex Energy Co. issued a notice to redeem its $496,577,000 principal amount of outstanding 5.875% senior notes due 2022.

The notes will be redeemed at 102.938 on May 12, according to a company notice.

As previously noted, holders had tendered $253,423,000 of the $750 million 5.875% notes in the tender that ran from April 3 until 5 p.m. ET on April 7, with another $194,000 under guaranteed delivery procedures.

The cash purchase price was $1,031.67 per $1,000 principal amount of notes plus accrued interest up to but excluding the settlement date of April 10.

U.S. Bank NA is the trustee.

Cimarex is an oil and gas company based in Denver.

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