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Continental Resources to redeem all 8¼% senior notes via new offering
By Tali Rackner
Norfolk, Va., May 12 - Continental Resources, Inc. plans to finance the redemption of all of its 8¼% senior notes due 2019 with the proceeds from a senior notes offering, according to a press release.
Proceeds will also be used to repay all outstanding amounts under its revolving credit facility and for general corporate purposes.
The oil producer is based in Oklahoma City.
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