Halcon Resources Announces Pricing of $750 Million of Senior Unsecured Notes


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Halcón Resources Corporation(NYSE: HK) ("Halcón" or the "Company") today announced that it has priced $750million aggregate principal amount of senior unsecured notes due 2021 (the"Notes") in a private offering.  The Notes will bear interest at a rate of8.875% per annum and will be issued at 99.247% of par.  The private offeringwas upsized from the previously announced $700 million aggregate principalamount of Notes.  Halcón intends to use the net proceeds from the offering tofund the cash consideration payable in connection with its pending acquisitionof producing and undeveloped oil and gas assets in the Williston Basin("Williston Basin Assets") and for general corporate purposes.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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