HOUSTON, TEXAS, Dec. 16, 2013 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) ("Halcón" or the "Company") today announced that, subject to market conditions, it intends to offer an additional $400 million in aggregate principal amount of its 9.75% senior unsecured notes due 2020 (the "additional senior notes"). The additional senior notes are being offered as additional notes to the $750 million aggregate principal amount of 9.75% senior notes due 2020 that the Company sold in a private placement that settled on July 16, 2012. The additional senior notes and the existing notes will be treated as a single class of debt securities and will have identical terms, other than the issue date and issue price, except that the additional senior notes will initially be subject to restrictions on transfer under applicable securities laws.
Halcon Resources Announces Add-On Offering Of Senior Notes
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.