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CALGARY, AB, June 19, 2024 /CNW/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) has priced an offering of CDN$1.0 billion aggregate principal amount of senior unsecured notes, consisting of CDN$550 million of 4.968% five-year notes priced at par and due June 2029, and CDN$450 million of 5.503% 10-year notes priced at par and due June 2034 (collectively, the "Notes"). The net proceeds will be used to repay existing indebtedness, including fully retiring the Company's bank term loan.
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