California Resources Corp. today announced the consideration payable as set forth in the table below in respect of the previously announced cash tender offer to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended . The consideration of $1,009.15 per $1,000 [...]
California Resources Corp. today announced the early tender results in respect of the previously announced cash tender offer to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended . Early Tender Results As of 5:00 p.m., New York City time, on August 21, 2024 [...]
California Resources Corp. previously announced the commencement of a cash tender offer to purchase up to $200 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 . The Company hereby amends the Tender Offer to purchase for cash up to $300 million aggregate principal amount of the 2026 Notes . The Tender Offer is being made pursuant to an Offer to Purchase, dated August 8, 2024, as amended [...]
California Resources Corp. announced today the pricing of an upsized private offering of $300 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 . The offering size was increased from the previously announced $200 million aggregate principal amount. The Notes were priced at 101% of par, plus accrued and unpaid interest from June 5, 2024. The Notes will mature on June 15, 2029, pay interest [...]
California Resources Corp. announced today the commencement of a cash tender offer to purchase up to $200 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024 . Certain information regarding the 2026 Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread [...]
California Resources Corp. announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $200 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 . The Notes are being offered as additional notes under the indenture dated as of June 5, 2024, as may be supplemented from time to time , pursuant to which the Company previously issued $600 [...]
California Resources Corporation today reported financial and operating results for the second quarter of 2024. The Company plans to host a conference call and webcast at 1 p.m. ET on Wednesday, August 7, 2024. Participation details can be found within this release. In addition, supplemental slides have been posted to CRC's website at www.crc.com. Highlights: Aera Merger Successfully closed the merger with Aera Energy on [...]
Carbon TerraVault Holdings, LLC today provided a second quarter 2024 update. California Resources Corp. conducts its carbon management business through CTV and its subsidiaries, which pursues carbon capture and sequestration projects that are directly sited or within close proximity to significant sources of carbon dioxide emissions in California. "Our Carbon TerraVault team continues to advance its business, recently [...]
California Resources Corp. plans to release its second quarter 2024 financial results on Tuesday, August 6th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, August 7th at 1:00 p.m. Eastern Time . We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10189857/fcb0ff718c. Callers who pre-register [...]
California Resources Corp. announced today the completion of the all-stock combination with Aera Energy, LLC . The issuance of shares was approved by CRC shareholders at a special meeting held on June 26, 2024, where CRC shareholders voted in favor of the stock issuance necessary for the closing of the combination of CRC and Aera. "We are very pleased to welcome Aera's team with decades of experience and a track record of [...]
California Resources Corp. announced today the pricing of its upsized private offering of $600 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 at par. The Notes will be guaranteed by all of the Company's existing subsidiaries that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 and certain future subsidiaries. The offering is expected to close on June [...]
California Resources Corp. announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $500 million in aggregate principal amount of senior unsecured notes due 2029 . The Notes will be guaranteed by all of the Company's existing subsidiaries that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 and certain future subsidiaries. The [...]
+73,71 %
-87,34 %
