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CVR Energy to use proceeds to redeem 5¼% senior notes due 2025
By Mary-Katherine Stinson
Lexington, Ky., Dec. 7 – CVR Energy Inc. plans to use the proceeds from a new senior note issue to redeem the company’s 5¼% senior notes due 2025, according to a news release.
CVR expects the redemption to occur on or after Feb. 15, 2024 at an expected redemption price of par plus accrued interest, if any.
CVR Energy is a Sugar Land, Tex.-based diversified holding company primarily engaged in renewables, petroleum refining and nitrogen fertilizer manufacturing.
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