Energy XXI Gulf Coast Inc. - 2014-05-12

Description

Priced a private placement of 6.875% senior unsecured notes due 2024 in an offer upsized from $300 million. Part of the proceeds will repay outstanding revolving credit facility debts. The remainder will fund the acquisition of EPL Oil & Gas Inc. Any remaining proceeds will support general corporate purposes.

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Estimated Price
$650.0MM
Financing Type
Report Date