Subsequent to quarter-end, the Company called for redemption its 3.50% Senior Convertible Notes. Holders of these notes were eligible to surrender the notes for conversion into shares of the Company's common stock prior to May 1, 2012. For those holders that surrendered their notes for conversion, the Company has and will continue to settle the conversions by payment of the principal amount in cash and any excess conversion value in shares of the Company's common stock. On May 2, 2012, the Company redeemed the remaining 3.50% Senior Convertible Notes that were not surrendered for conversion. The Company has and will utilize its credit facility to fund the redemption and the cash portion of the conversion price.OPERATIONS UPDATE
SM Energy Reports Results For The First Quarter Of 2012; Provides Operations Update
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