ASCENT RESOURCES UTICA HOLDINGS, LLC ISSUES NOTICE OF REDEMPTION FOR REMAINING 10.0% SENIOR NOTES DUE 2022
Oklahoma City, Oklahoma, March 15, 2021 (PR Newswire) – Ascent Resources Utica Holdings, LLC (together with its subsidiaries, “Ascent”) announced today that on March 15, 2021, Ascent, together with its indirect wholly-owned subsidiary, ARU Finance Corporation, issued a notice of redemption (the “Notice”) to Wilmington Trust, National Association (the “Trustee”) as trustee of their outstanding 10.00% Senior Notes due 2022 (the “2022 Notes”). The Notice calls for the redemption of all outstanding 2022 Notes, in an aggregate principal amount of approximately $68 million, on April 1, 2021 (the “Redemption Date”).
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