Forest Oil completes redemption of $300 million 8½% senior notes

By Tali David

Minneapolis, March 18 - Forest Oil Corp. completed the redemption of the remaining $300 million of its 8½% senior notes due 2014, according to an 8-K filed with the Securities and Exchange Commission.

The notes were redeemed at par plus accrued interest and a make-whole premium, for a total of $323,582,059, on March 17.

Forest Oil is a Denver-based oil and gas company.

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