Northern Oil and Gas Inc.

Description

Northern Oil and Gas Inc. announced the successful completion of its previously announced consent solicitation with respect to its outstanding 8.5% senior secured second lien notes due 2023. In addition, Northern has entered into two final, separately negotiated exchange agreements with institutional holders of its 8% senior unsecured notes due 2020, representing further debt reduction of $23.4 million in exchange for common stock.

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Estimated Price
$23.4MM
Financing Type
Report Date