AEPB prices $295M of senior secured second lien notes

American Energy – Permian Basin LLC (AEPB), an affiliate of American Energy Partners LP, has priced its offering of $295 million of 8.000% senior secured second lien notes due 2020. The notes will be sold to investors at 100% of their principal amount. The offering of the notes is expected to close on June 4.

The net proceeds from the offering of the notes will be used to repay a portion of the borrowings currently outstanding under its revolving credit facility and for general corporate purposes.

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