National Fuel Gas Exercises Optional Redemption Rights for Notes

National Fuel Gas Company has decided to exercise its optional redemption rights, as disclosed in an 8-K filing submitted to the Securities and Exchange Commission on February 4, 2025. The company has chosen to redeem the entire outstanding $450,000,000 aggregate principal amount of its 5.20% Notes due July 2025, and the entire outstanding $500,000,000 aggregate principal amount of its 5.50% Notes due January 2026. These notes are collectively referred to as the “Notes.”

The Bank of New York Mellon, acting as trustee under the indenture governing the Notes, has issued redemption notices to registered holders of the Notes. The redemption date for these Notes is set for March 6, 2025. The redemption prices will be calculated based on the terms and conditions outlined in the indenture governing the Notes, as well as the officer’s certificates that establish the terms of the Notes.

It is important to note that this announcement does not serve as a formal notice of redemption for any of the Notes. National Fuel Gas Company has taken this strategic financial decision, exercising its right to redeem the Notes, subject to specific conditions outlined in the respective agreements.

In accordance with the Securities Exchange Act of 1934, the report was signed by General Counsel and Secretary, Michael W. Reville, on behalf of National Fuel Gas Company on February 4, 2025.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read National Fuel Gas’s 8K filing here.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.