California Resources Corporation Announces Partial Redemption of 7.125% Senior Notes Due 2026

LONG BEACH, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) today announced that it has issued a notice of partial redemption (the “Notice”) with respect to its 7.125% Senior Notes due 2026 (the “Notes”). On February 28, 2025 (the “Redemption Date”), the Company will redeem an aggregate principal amount of $123 million of Notes in accordance with the terms set forth in the indenture governing the Notes.

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