Whiting Petroleum calls 7¼% senior subordinated notes due 2012, 2013

By Marisa Wong

Madison, Wis., Aug. 9 - Whiting Petroleum Corp. said it will redeem all of its $150 million of 7¼% senior subordinated notes due 2012 and all of its $220 million of 7¼% senior subordinated notes due 2013 on Sept. 8.

The bonds will be redeemed at par for the 2012 notes and at 101.8125 for the 2013 notes plus accrued interest up to the redemption date.

The company said it will finance the redemption with borrowings under its credit agreement.

Whiting Petroleum is a Denver-based oil and 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.