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Stock impact report

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

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: GlobeNewswire
LONG BEACH, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) today announced that it has issued a notice of partial redemption (the “Notice”) with respect to its 7.125% Senior Notes due 2026 (the “Notes”). On February 28, 2025 (the “Redemption Date”), the Company will redeem an aggregate principal amount of $123 million of Notes in accordance with the terms set forth in the indenture governing the Notes. The Notes will be redeemed at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (the “Redemption”). Following the Redemption, there will be an aggregate principal amount of $122.5 million of Notes outstanding. Additional information concerning the terms of the Redemption is contained in the Notice. About California Resources Corporation California Resources Corporation (CRC) is an independent energy and carbon management company comm Show less Read more
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