Endeavour International Corp. - 2011-03-31
Description
Closed a public offering of 11.5 million shares of its common stock, which includes 1.5 million shares issued and sold pursuant to the full exercise of the underwriters' over-allotment option. Net proceeds will be used to retire all $81.3 million of the company's 6% convertible senior notes due 2012.
Citigroup Global Markets Inc. was sole book-running manager. Canaccord Genuity Inc., C. K. Cooper& Co., Global Hunter Securities LLC and Rodman & Renshaw LLC were co-managers.