EP Energy LLC, a wholly owned subsidiary of EP Energy Corp. (NYSE: EPE), has completed its tender offer to purchase for cash any and all of the outstanding 6.875% senior secured notes due 2019 issued by EP Energy and its wholly owned subsidiary, Everest Acquisition Finance Inc., as co-issuer.
EP Energy received tenders from the holders of $480,758,000 aggregate principal amount of the notes, as reported by the tender agent, by the expiration time. EP Energy has accepted for purchase all of the notes validly tendered (and not validly withdrawn). EP Energy has paid total consideration of $1,037.88 per $1,000 principal amount of the notes, plus any accrued and unpaid interest from the last interest payment date to, but not including, the payment date.
RBC Capital Markets LLC acted as dealer manager in connection with the tender offer for the notes.