Resolute Energy Corp.
Description
Resolute has launched a private offering for $75 million in aggregate principal amount of its 8.5% senior notes due 2020. The senior notes will be issued under the same indenture as the $525 million aggregate principal amount of the company's 8.5% senior notes due 2020. Resolute intends to use a portion of the net proceeds from the offering to repay the borrowings currently outstanding under its senior credit facility.