Range Announces Pricing of Senior Notes
Vinson & Elkins advised Range Resources Corporation on its offering of $550 million aggregate principal amount of senior notes due 2026, which will carry an interest rate of 9.25%. Range expects that the net proceeds of the offering will be approximately $541.6 million. The size of the offering was increased from the previously announced $500 million to $550 million. Range expects to close the sale of the notes on January 24, 2020.