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Provider: Wright Reports

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Whiting Petroleum Corp To Offer $400 Million Aggregate Principal Amount Of Senior Notes Due 2021 In A Private Placement

Monday, 23 Sep 2013 08:15am EDT 

Whiting Petroleum Corp announced that it intends to sell $400 million aggregate principal amount of 5.750% senior notes due 2021 in a private placement to eligible purchasers. The notes will be unsecured and unconditionally guaranteed by Whiting`s wholly-owned subsidiary, Whiting Oil and Gas Corporation. Whiting expects to use the net proceeds from the sale of the notes for general corporate purposes including capital expenditures. 

Company Quote

-0.03 -0.03%
27 Aug 2014