Swift Energy Co. - 2011-11-16

The company has priced its sale of $250 million principal amount of senior notes due 2022 in a private offering to eligible purchasers. The new senior notes will carry a coupon interest rate of 7 7/8%, and are being sold at 99.156 of face value, which equates to an effective yield to maturity of 8%. The company expects to close the notes offering on November 30, 2011, subject to satisfaction of customary closing conditions.