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Resolute Energy plans to repay revolver with senior notes proceeds
By Ashley Montgomery
Kansas City, Kan., April 16 - Resolute Energy Corp. intends to use the proceeds from its $250 million offering of senior notes due 2020 to repay its revolving credit facility, according to a news release.
The company said it drew on the facility to fund its capital expenditure budget and for general corporate purposes.
Resolute is a Denver-based independent oil and gas company.
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