Pioneer Announces Final Tender Results for Debt Tender Offer

Pioneer Natural Resources Company (NYSE: PXD) announced the final tender results for its previously announced offer to purchase its 6.50% Senior Notes due 2008 (CUSIP No. 723787 AA 5) (the "Notes").

As of 12:00 midnight, New York City time, on Wednesday, May 24,2006 (the "Expiration Date"), Pioneer had received tenders for $296.2 million in principal amount of the Notes (the "Tendered Notes") representing 84.6% of the outstanding principal amount of the Notes. Pioneer has accepted tenders of all of the Tendered Notes.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, with operations in the United States, Canada and Africa.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


Brent Crude Oil : $54.33/BBL 0.81%
Light Crude Oil : $51.5/BBL 1.29%
Natural Gas : $3.75/MMBtu 1.35%
Updated in last 24 hours