Range Announces Cash Tender Offer for Up to $500 Million Aggregate Principal Amount of Certain of Its Outstanding Debt Securities

FORT WORTH, Texas, Jan. 08, 2020 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today the commencement of cash tender offers (the “Tender Offers”) to purchase up to $500 million aggregate principal amount (the “Aggregate Maximum Tender Amount”) of its outstanding 5.750% senior notes due 2021 (the “2021 Notes”), 5.875% senior notes due 2022 (the “5.875% 2022 Notes”) and 5.000% senior notes due 2022 (the “5.000% 2022 Notes”) (collectively, the “Notes”) in the priorities set forth in the table below.

The following table sets forth certain terms of the Tender Offers:

							Dollars per $1,000 Principal Amount of Notes
Title of Notes	CUSIP Numbers / ISIN		Aggregate Principal Amount Outstanding(1)			Acceptance Priority Level		Tender Offer Consideration(2)			Early Tender Premium			Total Consideration(2)(3)
5.750% Senior Notes due 2021	75281AAW9/US75281AAW99		$	374,139,000		1		$	985.00		$	50.00		$	1,035.00
5.875% Senior Notes due 2022	75281AAU3/US75281AAU34		$	297,617,000		2		$	971.25		$	50.00		$	1,021.25
5.000% Senior Notes due 2022	75281AAY5/US75281AAY55		$	511,886,000		3		$	962.50		$	50.00		$	1,012.50

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