Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for SandRidge Energy Inc. > News item |
SandRidge Energy to repay revolver borrowings with notes proceeds
By Sara Rosenberg
New York, March 2 - SandRidge Energy Inc. plans on repaying borrowings under its revolving credit facility using proceeds from a $700 million senior notes offering, according to a news release.
Remaining proceeds will be used to fund the tender for $650 million of the company's 8 5/8% senior notes due 2015.
SandRidge Energy is an Oklahoma City-based oil and natural gas company.
© 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.