Halcón Resources Corp. - 2015-08-27
Description
Issued new senior notes in private exchange for about $1.57 billion of its outstanding unsecured debt securities. 13% third-lien senior notes are due 2022. The outstanding securities consist of $497.2 million of 9.75% unsecured notes due 2020; $774.7 million of 8.875% unsecured notes due 2021; and $294.3 million of its 9.25% unsecured notes due 2022. Jefferies LLC and J.P. Morgan Securities LLC are placement agents for the debt exchanges.
Estimated Price
$1,020.0MM
Financing Type
Report Date