Coterra closes on $1.5 billion notes offering

 

Coterra Energy Inc says it has closed its previously announced registered public offering of $1.5 billion in senior notes.

The official closing of the offering was on Dec. 17. The offering included $750 million in 5.40% senior notes due 2035 and another $750,000 in 5.90% senior notes due 2055. The 2035 notes will mature Feb. 15, 2035 and the 2055 notes will mature Feb. 15, 2055.

The Notes were issued pursuant to an indenture, dated as of October 7, 2021, by and between the Company, as
issuer, and U.S. Bank Trust Company, National Association.