Continental Resources Announces $650 Million Offering of Senior Notes
Continental Resources, Inc. (NYSE: CLR) announced today that, subject to market conditions, it intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers. Continental intends to use the net proceeds of this offering to repay a portion of the amounts outstanding under its revolving credit facility and for general corporate purposes.
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