Berry Petroleum Plans To Issue Senior Notes
Stock quotes in this article:
BRY
NEW YORK (AP) Shares of oil and gas producer Berry Petroleum Co. fell Tuesday after the company said it plans to raise $75 million by issuing 10.25 percent senior notes.
The Denver-based company said it will use the proceeds to help pay off its debt. The notes are due in 2014. The company issued $325 million of senior notes on May 27. After the announcement, shares of Berry Petroleum fell $1.32, or 5.5 percent, to $22.66 in afternoon trading.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,273.34 | 1,087.78 | 2,123.44 | 32.20 |
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