Halcon Resources to offer 700M in senior unsecured notes

Halcon Resources

Halcon Resources Corp. intends to offer $700 million in aggregate principal amount of senior unsecured notes due 2021. Halcon intends to use the net proceeds from the offering to fund the cash consideration payable in connection with its pending acquisition of producing and undeveloped oil and gas assets in the Williston Basin.

The offering is expected to close into escrow, subject to release upon closing of the Williston Basin Assets acquisition.

The senior unsecured notes have not been registered under the Securities Act or any state securities law and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.



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