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Petrohawk to redeem all 7¼% notes due 2018, 6¼% notes due 2019
By Tali Rackner
Norfolk, Va., July 14 – Petrohawk Energy Corp. will redeem all of its 7¼% senior notes due 2018 and 6¼% senior notes due 2019, according to a filing with the London Stock Exchange.
The notes will be redeemed on Aug. 15 at the applicable call prices.
The total aggregate principal value of the notes is roughly $1.8 billion, the filing noted.
Petrohawk, a subsidiary of BHP Billiton, is a Houston-based explorer, developer and producer of oil and natural gas properties.
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