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Pioneer to Redeem Notes

It calls senior convertibles.

Oil and gas exploration company

Pioneer Natural Resources

(PXD) - Get Pioneer Natural Resources Company Report

said Wednesday it will redeem all its outstanding 4.75% senior convertible notes due 2021.

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The Dallas-based company will pay the redemption price for the notes on Dec. 20.

The redemption price will be 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but not including, the date of redemption.

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