tiprankstipranks
SM Energy Fully Redeems Senior Notes, Strengthens Finance
Company Announcements

SM Energy Fully Redeems Senior Notes, Strengthens Finance

Don't Miss our Black Friday Offers:

SM Energy (SM) just unveiled an update.

SM Energy Company successfully paid off its entire outstanding debt of $349.1 million for the 5.625% Senior Notes due in 2025, including accrued interest. This move, executed on August 26, 2024, not only settled all obligations related to these notes but also led to the cancellation of the redeemed notes, signaling a strong financial move by the company.

Learn more about SM stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlySM Energy price target raised to $47 from $43 at Wells Fargo
TheFlySM Energy price target lowered to $46 from $48 at Susquehanna
TheFlySM Energy price target raised to $57 from $56 at Stephens
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App