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Indigo Natural Resources to pay down revolver with new notes
Chicago, Jan. 19 – Indigo Natural Resources LLC announced that it will use the proceeds from an announced offering of new notes to partially repay borrowings under its revolver, according to a press release.
The company launched the new notes sized at $700 million.
Proceeds will primarily be used to redeem all of the company’s 6 7/8% senior notes due 2026.
Indigo is a Houston-based independent natural gas and natural gas liquids company.
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