EXE · 10-Q · 2026Q1 · Full report
Senior Notes Repayment
EXPAND ENERGY Corp · 2026-04-28 · Importance 71 · Surprise 60
On April 15, 2026 Expand repaid the 6.75% Senior Notes due 2029 for approximately $875 million, including accrued interest. On April 17, 2026 the company repaid the 5.875% Senior Notes due 2029 for approximately $446 million, including accrued interest, for total cash extinguishment of approximately $1,321 million. Both note repurchases were funded from cash on hand and removed these 2029 maturities from the company’s outstanding indebtedness. See the company’s Note 4 for additional detail on principal and carrying amounts of senior notes.
Key facts
- On April 15, 2026, the 6.75% Senior Notes due 2029 were repaid and terminated for approximately $875 million, including accrued interest.
- On April 17, 2026, the 5.875% Senior Notes due 2029 were repaid and terminated for approximately $446 million, including accrued interest.
- The senior notes repaid on April 15 and April 17, 2026 were repaid using cash on hand.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | realized | +3.0% | On April 15, 2026, the 6.75% Senior Notes due 2029 were repaid and terminated for approximately $875 million, including accrued interest. |
| cash | negative | realized | -3.0% | On April 15, 2026, the 6.75% Senior Notes due 2029 were repaid and terminated for approximately $875 million, including accrued interest. |
| liability | positive | realized | +1.5% | On April 17, 2026, the 5.875% Senior Notes due 2029 were repaid and terminated for approximately $446 million, including accrued interest. |
| cash | negative | realized | -1.5% | On April 17, 2026, the 5.875% Senior Notes due 2029 were repaid and terminated for approximately $446 million, including accrued interest. |