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Continental Resources Inc Announces $1.0 Billion Offering Of New Senior Notes Due 2023

Tuesday, 2 Apr 2013 07:06am EDT 

Continental Resources Inc announced that, subject to market conditions, it intends to offer $1.0 billion in aggregate principal amount of new senior notes in a private placement to eligible purchasers. Continental intends to use the net proceeds of this offering of the notes to repay a portion of its borrowings outstanding under its revolving credit facility and for general corporate purposes.