EXE · 10-Q · 2026Q1 · Full report

Outstanding Indebtedness

EXPAND ENERGY Corp · 2026-04-28 · Importance 64 · Surprise 42

Expand repaid two series of senior notes in April 2026, extinguishing the 6.75% notes (due 2029) for ~ $875 million on April 15, 2026 and the 5.875% notes (due 2029) for ~ $446 million on April 17, 2026, using cash on hand. The aggregate extinguishment (~$1.321 billion) materially reduced near-term interest-bearing debt and lowered future cash interest requirements. Management directs these actions toward its stated priority of net debt reduction while preserving investment grade ratings. The company references Note 4 for further discussion of debt obligations and related amounts.