Concho Resources to pay down loan borrowings with notes proceeds

By Sara Rosenberg

New York, Aug. 14 - Concho Resources Inc. plans to repay a portion of its outstanding credit facility debt with proceeds from a $700 million senior notes offering, according to a market source.

The notes were upsized from an original amount of $400 million.

Concho is a Midland, Texas-based oil and natural gas company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.