November 17, 2016 / 11:02 PM / in a year

BRIEF-Paramount Resources Ltd announces that its senior unsecured notes due 2019 will be redeemed

Nov 17 (Reuters) - Paramount Resources Ltd

* Paramount Resources Ltd announces that its senior unsecured notes due 2019 will be redeemed

* Paramount Resources Ltd says redemption price will be 102.542% of principal amount of 2019 notes redeemed

* Paramount Resources says will redeem all of its outstanding 7.625% senior unsecured notes due 2019 in aggregate principal amount of $286.6 million on Dec. 19

* Paramount Resources says co will pay aggregate redemption price plus accrued & unpaid interest on notes to, but excluding, redemption date with cash on hand Source text for Eikon: Further company coverage:

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