New Issue-Kodiak Oil & Gas Corp sells $650 mln of notes

Fri Nov 18, 2011 10:03am EST

Nov 18 (Reuters) - Kodiak Oil & Gas Corp on Friday
sold $650 million of senior unsecured notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
    Credit Suisse, Key Bank, RBC and Wells Fargo were the joint
bookrunning managers for the sale.
BORROWER: KODIAK OIL & GAS CORP
AMT $650 MLN      COUPON 8.125 PCT     MATURITY   12/1/2019
TYPE SR NTS       ISS PRICE 100.00     FIRST PAY   6/1/2012
MOODY'S Caa1      YIELD 8.125 PCT      SETTLEMENT 11/23/2011
S&P B-MINUS       SPREAD 650 BPS       PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS     MAKE-WHOLE CALL 50 BPS
FILED UNDER: