Hess Corp announced today that it is planning to sell $750 million of notes in order to pay off other notes with an earlier maturity date.
The New York-based company will also use the proceeds for general corporate operations.
Stocks of the energy company fell 13 cents, or less than a percent, to $54.50 in after-hours trading.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
