Petrohawk to redeem all 10½% notes due 2014, 7 7/8% notes due 2015

By Toni Weeks

San Luis Obispo, Calif., Jan. 2 - Petrohawk Energy Corp. has called in full its outstanding 10½% senior notes due 2014 and 7 7/8% senior notes due 2015, according to a filing with the London Stock Exchange.

The notes will be redeemed on Feb. 3 at the applicable call prices.

The total aggregate principal value of the notes is roughly $1.4 billion, the filing noted.

Petrohawk, a subsidiary of BHP Billiton, is a Houston-based explorer, developer and producer of oil and natural gas properties.

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