7.125% Senior Notes Due 2026
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California Resources Corporation Announces Redemption of 7.125% Senior Notes Due 2026
Globenewswireยท 2025-09-30 21:00
Core Viewpoint - California Resources Corporation (CRC) has announced the redemption of its 7.125% Senior Notes due 2026, reflecting its commitment to maintaining a strong balance sheet [1][3]. Redemption Details - The 2026 Notes will be redeemed at a price of 100.000% of the principal amount, plus any accrued and unpaid interest, effective on October 10, 2025 [2]. - Following the redemption, there will be no outstanding 2026 Notes [2]. Company Profile - California Resources Corporation is an independent energy and carbon management company focused on energy transition and environmental stewardship while providing responsibly sourced energy [6]. - The company aims to maximize the value of its land and mineral ownership through projects related to carbon capture and storage (CCS) and other emissions-reducing initiatives [6].