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PDC Energy to repay amounts under revolver with note proceeds
By Taylor Fox
New York, Sept. 10 – PDC Energy, Inc. plans to use proceeds from its offering of an additional $150 million of its existing 5¾% senior notes due 2026 for general corporate purposes, which may include repayment of amounts outstanding under its revolving credit facility, according to a news release.
PDC is an oil and gas exploration and production company based in Denver.
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