Ascent Resources Utica Holdings announces redemption of notes


Oklahoma City’s Ascent Resources Utica Holdings LLC announced plans to redeem nearly $68 million in senior notes.

Ascent and its wholly-owned subsidiary ARU Finance Corporation issued the notice of redemption to Wilmington Trust, National Association the trustee of their 10% senior notes due 2022.

Ascent plans to make the redemption of all the outstanding notes on April 1, 2021.

Source: press release