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Range Resources (NYSE: RRC) calls full $600M redemption of 8.25% 2029 notes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Range Resources Corporation plans to fully redeem its 8.25% senior notes due 2029. The company has issued a Notice of Full Redemption covering an aggregate principal amount of $600,000,000 of these notes, with no notes to remain outstanding after the designated redemption date of January 15, 2026.

The redemption price is set at 101.375% of the outstanding aggregate principal amount, plus accrued and unpaid interest up to but excluding the redemption date. For each $1,000 of principal, holders will receive $1,013.75 plus accrued interest. Range Resources intends to use its existing revolving credit facility to fund the redemption.

Positive

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Negative

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Insights

Range Resources is redeeming $600M of 8.25% notes using its credit facility.

Range Resources Corporation has called for a full redemption of its 8.25% senior notes due 2029. The redemption covers an aggregate principal amount of $600,000,000, with no notes to remain outstanding after the January 15, 2026 redemption date. This removes an entire bond issue from the company’s capital structure.

Noteholders will receive a redemption price of 101.375% of principal, plus accrued and unpaid interest up to but excluding the redemption date. That equates to $1,013.75 for each $1,000 of principal, reflecting a make-whole style premium over face value for early repayment of the 8.25% coupon debt.

The company intends to fund this transaction through its existing revolving credit facility. The filing does not detail interest rates or covenants on that facility, so the net effect on funding costs and flexibility depends on the terms of the revolver and how quickly the company adjusts borrowings in future periods.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 5, 2026 (December 31, 2025)

RANGE RESOURCES CORPORATION

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-12209

34-1312571

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

100 Throckmorton Street, Suite 1200

Fort Worth, Texas

76102

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (817) 870-2601

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.01 par value

RRC

 

New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 


 

ITEM 8.01. Other Events.

On December 31, 2025, Range Resources Corporation (the “Company”) issued a Notice of Full Redemption to the holders of the Company’s 8.25% senior notes due 2029 (“Notes”). The redemption of the Notes is permitted by, and in accordance with, the terms of the Indenture (dated January 8, 2021) securing such Notes. The aggregate principal amount of the Notes to be redeemed is $600,000,000. No Notes will remain outstanding as of January 15, 2026, which is the designated Redemption Date (herein so called) of the Notes. The redemption price is equal to 101.375% of the outstanding aggregate principal amount of the Notes, plus accrued and unpaid interest thereon up to but excluding the Redemption Date. For each $1,000 of principal amount of the Notes, the redemption price is equal to $1,013.75. The Company intends to utilize its existing revolving credit facility to fund the redemption of the Notes. The foregoing shall not constitute a notice of redemption with respect to the Notes.

 

2


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

RANGE RESOURCES CORPORATION

 

 

 

 

By:

/s/ MARK S. SCUCCHI

 

Mark S. Scucchi

 

Executive Vice President — Chief Financial Officer

 

 

Date: January 5, 2026

 

 

 

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FAQ

What did Range Resources Corporation (RRC) announce in this 8-K?

Range Resources Corporation announced that it has issued a Notice of Full Redemption for its 8.25% senior notes due 2029, calling for the full redemption of $600,000,000 in principal on January 15, 2026.

How much of Range Resources’ 8.25% senior notes due 2029 will be redeemed?

The company plans to redeem an aggregate principal amount of $600,000,000 of its 8.25% senior notes due 2029, and no notes will remain outstanding after the January 15, 2026 redemption date.

What redemption price will holders of Range Resources’ 8.25% notes receive?

Holders will receive a redemption price equal to 101.375% of the outstanding aggregate principal amount, plus accrued and unpaid interest up to but excluding the redemption date. For each $1,000 of principal, the redemption price is $1,013.75 plus accrued interest.

When is the redemption date for Range Resources’ 8.25% senior notes due 2029?

The designated redemption date for the 8.25% senior notes due 2029 is January 15, 2026, after which no notes under this issue will remain outstanding.

How will Range Resources (RRC) fund the redemption of its 8.25% notes?

Range Resources intends to utilize its existing revolving credit facility to fund the full redemption of the $600,000,000 principal amount of its 8.25% senior notes due 2029.

Does this 8-K filing itself serve as the notice of redemption to noteholders?

No. The company states that the disclosure shall not constitute a notice of redemption with respect to the 8.25% senior notes due 2029. A separate formal notice of redemption has been issued to holders.

Range Resources

NYSE:RRC

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