Expand Energy Corporation (NASDAQ: EXE) disclosed a senior note offering of $500 million. The notes carry a 5.650% coupon and mature in 2031.
The offering is priced at 99.889% of face value and is being underwritten jointly by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC. Closing is expected on Wednesday, subject to customary closing conditions.
The notes are issued under a shelf registration statement filed on November 20, 2024 (Form S‑3) with the U.S. Securities and Exchange Commission. Expand Energy indicated that net proceeds will be allocated to general corporate purposes.
