California Resources Corporation Announces Partial Redemption of 7.125% Senior Notes Due 2026

Group 1 - California Resources Corporation (CRC) announced a partial redemption of its 7.125% Senior Notes due 2026, amounting to $123 million, scheduled for February 28, 2025 [1][2] - The redemption will occur at a price of 100% of the principal amount, plus any accrued and unpaid interest, resulting in$ 122.5 million of Notes remaining outstanding post-redemption [2] - CRC is an independent energy and carbon management company focused on energy transition and environmental stewardship, aiming to maximize the value of its land and mineral ownership through decarbonization projects [3]