Correction: Berry Petroleum buys back $95 million of its senior notes

A report in the Oct. 28 issue of this newsletter misstated the company name. A corrected version follows.

Kansas City, Kan., Oct. 27 - Berry Petroleum Co. repurchased $95 million principal amount of its 10¼% senior notes due 2014, the company announced with the release of its third quarter results.

The company said the repurchase was made for $106 million using its credit facility.

As previously reported, on Oct. 20 Berry Plastics said it had spent $39 million on the repurchase of $41 million of its 10¼% senior subordinated notes and $2 million principal amount of its second priority floating-rate senior secured notes.

Berry Petroleum is a Denver-based energy company.

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