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Published on 9/19/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Forest Oil calls $300 million of 8½% notes for Oct. 19 redemption

By Ashley Montgomery

Kansas City, Kan., Sept. 19 - Forest Oil Corp. will redeem $300 million of its 8½% senior notes due 2014, according to a notice.

The notes will be redeemed on Oct. 19 at par plus a make-whole premium and interest to the redemption date.

The redemption will be done on a random lottery basis.

U.S. Bank, NA is the agent.

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


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