Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Halcon Resources Corp. > News item |
Halcon Resources plans to sell $200 million tap of 6¾% notes due 2025 on Wednesday
By Paul A. Harris
Portland, Ore., Feb. 6 – Halcon Resources Corp. plans to price a $200 million add-on to its 6¾% senior notes due Feb. 15, 2025 on Wednesday, according to a market source.
J.P. Morgan Securities LLC is leading the Rule 144A and Regulation S deal.
The first call date is Feb. 15, 2020.
The Houston-based independent energy company plans to use the proceeds to fund a portion of its recently announced acquisitions of Southern Delaware Basin assets and for general corporate purposes.
The add-on notes will become fungible with the approximately $425 million of Halcon Resources 6¾% notes due Feb. 15, 2025 currently outstanding, the company said in a Tuesday press release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.