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CM - WPX completes 2028 notes offering & extends tender offer - June 2020

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WPX Energy Inc. closed a public offering of $500 million of 5.875% senior unsecured notes due 2028 at 100. The company wrapped up the sale June 17 and plans to use proceeds to buy back up to $500 million outstanding of three series of notes due 2022 through 2024. The company launched tender offers on June 3 to repurchase around 45% of the aggregate principal amounts outstanding of the three notes. It extended the......
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