Diamondback energy, inc. fully redeemed $191 million of 4.625% senior notes due 2021

Midland, texas, june 21, 2021 (globe newswire) -- diamondback energy, inc. (nasdaq: fang) (“diamondback” or the “company”) announced today that the company fully redeemed the $191 million aggregate principal amount of outstanding legacy 4.625% senior notes due 2021 of energen corporation, a subsidiary of the company. the repayment of these notes will reduce cash interest expense by approximately $9 million annually.
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