Endeavour International Corp. - 2011-06-07
Description
The company intends to offer up to $250 million aggregate principal amount of its senior notes due 2016 in a private placement to eligible purchasers.
The company intends to use the net proceeds from the offering to repay all amounts outstanding under its 15% senior term loan due 2013, to redeem or repurchase its 12% subordinated notes due 2014 and for general corporate purposes.