WPX Energy Announces Early Results of Cash Tender Offers and Consent Solicitations, Extension of Early Tender Premium for Notes and Increase in 2024 Notes Tender Cap

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Jun 17, 2020
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WPX Energy (NYSE: WPX) announced today the early results of its previously announced cash tender offers (the “Tender Offers”) to purchase up to $500 million aggregate purchase price (the “Aggregate Maximum Purchase Amount”) of its outstanding 8.25 percent Senior Notes due 2023 (the “2023 Notes”), 6.000 percent Senior Notes due 2022 (the “2022 Notes”) and 5.25 percent Senior Notes due 2024 (the “2024 Notes,” and together with the 2023 Notes and the 2022 Notes, the “Notes”) and the related solicitations of consents (the “Consent Solicitations”) from holders of 2023 Notes and 2022 Notes.