Stallion Oilfield to repay bank debt with bond proceeds

By Sara Rosenberg and Paul A. Harris

New York, Jan. 8 - Stallion Oilfield Services is planning on repaying bank debt using some proceeds from a proposed $300 million senior unsecured notes offering, according to a market source.

Other bond proceeds will be used for general corporate purposes.

Stallion is a Houston-based oilfield services provider.

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