SandRidge Energy Inc. - 2015-05-28

Description

Opened a private offering of $1 billion of senior secured notes due in 2020 and secured on a second-lien priority basis. Issuance is conditional on the effectiveness of a first-lien revolving credit facility with a $500 million borrowing base. Net proceeds will repay existing revolving credit facility borrowings and support general corporate purposes.

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Estimated Price
$1,000.0MM
Financing Type
Report Date