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Does California Resources (CRC) Refinancing 8.250% Notes With 7.000% Debt Recast Its Capital Allocation Priorities? [Yahoo! Finance]
California Resources Corporation (CRC)
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Source: Yahoo! Finance
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
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2034 at 100.500% of par, with proceeds earmarked to redeem an equal amount of its 8.250% senior unsecured notes due 2029. By refinancing higher-coupon debt with longer
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