RANGE RESOURCES CORP 8-K

What Happened

• Range Resources Corporation announced on its Form 8-K that it issued a Notice of Full Redemption (dated December 31, 2025) to redeem all outstanding 8.25% senior notes due 2029. The company will redeem the entire $600,000,000 principal amount and expects no notes to remain outstanding as of the Redemption Date, January 15, 2026. The redemption follows the terms of the Indenture dated January 8, 2021.

Key Details

• Aggregate principal amount to be redeemed: $600,000,000.
• Redemption Date: January 15, 2026 (no notes will remain outstanding after this date).
• Redemption price: 101.375% of principal, i.e., $1,013.75 per $1,000 of notes, plus accrued interest up to but excluding the Redemption Date.
• Funding source: Range intends to use its existing revolving credit facility to pay the redemption.
• Form 8-K filed: January 5, 2026; Notice of Full Redemption issued December 31, 2025. (Filing also notes the statement “the foregoing shall not constitute a notice of redemption” as a technical clarification in the document.)

Why It Matters

• This action retires $600M of higher-coupon (8.25%) debt due 2029, which reduces the company’s outstanding long-term notes and interest obligations tied to that issue.
• Using the revolving credit facility to fund the redemption may temporarily affect available liquidity and borrowing capacity under that facility; investors should watch subsequent disclosures (e.g., credit availability, covenant status or refinancing activity).
• The redemption is a clear, material balance-sheet move that can influence Range’s interest expense, leverage metrics, and near-term cash needs.