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Whiting Petroleum Corp Announces Pricing Of $400 Million Of Senior Notes Due 2021

Monday, 23 Sep 2013 04:00pm EDT 

Whiting Petroleum Corp announced that it has priced $400 million aggregate principal amount of 5.750% senior notes due 2021 in a private placement to eligible purchasers. The notes were priced at a premium of 101.000% of par. The notes will be unsecured and unconditionally guaranteed by Whiting`s wholly-owned subsidiary, Whiting Oil and Gas Corporation. The private placement is expected to close on September 26, 2013. Whiting expects to use the net proceeds from the sale of the notes for general corporate purposes including capital expenditures. 

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-0.07 -0.37%
4 Aug 2015