RADNOR, Pa., April 24, 2013 (GLOBE NEWSWIRE) -- Penn Virginia Corporation (NYSE:PVA) announced today it has closed a private placement of $775 million aggregate principal amount of Senior Notes due 2020 (Notes). The Notes were priced at par and bear interest at a rate of 8.50 percent per year. The Notes are fully and unconditionally guaranteed by PVA's existing subsidiaries, and will be fully and unconditionally guaranteed by PVA's future subsidiaries, subject to certain exceptions.
Penn Virginia Corporation Closes Upsized Private Placement Of $775 Million Of 8.50 Percent Senior Notes Due 2020
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