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CONSOL Energy Inc. Announces Cash Tender Offer for up to $200,000,000 of its 8.25% Senior Notes due 2020

August 15, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- CONSOL Energy Inc. (NYSE: CNX) ("CONSOL") announced that it has commenced a modified "Dutch Auction" cash tender offer (the "Tender Offer") to purchase up to $200,000,000 principal amount (the "Tender Cap") of its 8.25% senior notes due 2020 (the "2020 Notes"). The Tender Offer will expire at 11:59 p.m., New York City time, on August 25, 2014, unless extended by CONSOL in its sole discretion (such time, as the same may be extended, the "Expiration Time"). Holders of 2020 Notes that validly tender (and do not validly withdraw) their 2020 Notes prior to 5:00 p.m., New York City time, on August 11, 2014, unless extended by CONSOL in its sole discretion (such time, as the same may be extended, the "Early Tender Time"), will be eligible to receive the Total Consideration (as defined below) for their 2020 Notes.

http://photos.prnewswire.com/prnvar/20120416/NE87957LOGO

The following table summarizes the material pricing terms for each $1,000 aggregate principal amount of 2020 Notes.

Keywords for this news article include: Oil & Gas.

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Source: Energy Weekly News


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