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Published on 7/14/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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