Loan & DebtMay 12, 2026, 09:01 AM
SM Energy Redeems $400M of 5.000% Senior Notes Due 2026
AI Summary
SM Energy Company announced the redemption of all outstanding 5.000% Senior Notes due 2026. The company paid $400 million, plus accrued interest, on May 11, 2026, to complete the redemption. This action satisfied all remaining obligations under the governing Indenture, leading to the cancellation of the notes and their related guarantees.
Key Highlights
- SM Energy redeemed $400 million aggregate principal amount of its 5.000% Senior Notes due 2026.
- The redemption payment was made on May 11, 2026.
- The company also paid accrued and unpaid interest on the notes.
- All remaining obligations under the Indenture, dated October 13, 2021, were satisfied.
- The redeemed 2026 Senior Notes and related guarantees were cancelled upon settlement.