Whiting Petroleum to price $750 million notes due 2026 on Tuesday

By Paul A. Harris

Portland, Ore., Dec. 12 – Whiting Petroleum Corp. plans to price $750 million of senior notes due 2026 in a quick-to-market Tuesday trade, according to a sellside source.

J.P. Morgan Securities LLC is leading the Rule 144A and Regulation S deal.

The Denver-based oil and gas exploration and production company plans to use the proceeds, together with borrowings under the Whiting Oil and Gas Corp. credit agreement, to redeem all of its 5% senior notes due 2019.

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