RAAM to sell $200 million five-year notes Aug. 16 week, talk is 12½%

By Paul A. Harris

St. Louis, Aug. 13 - RAAM Global Energy Co. plans to price a $200 million offering of five-year senior secured second-lien notes during the Aug. 16 week, according to an informed source.

The deal is talked at the 12½% area.

Global Hunter Securities has the books for the Rule 144A offering. Knight Libertas is the co-lead manager.

The Lexington, Ky.-based oil and gas company will use the proceeds to repay bank debt and for general corporate purposes.

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