Continental Resources Unveils $300M Debt Offering

Law360, New York (September 14, 2009, 3:36 PM EDT) -- Oil and gas company Continental Resources Inc. intends to offer $300 million in aggregate principal amount of senior unsecured notes in a private placement to eligible purchasers, the company announced Monday.

The notes are due in 2019 and have not been registered under the Securities Act or state laws, so they will not be offered or sold in the U.S. The company does expect them to be eligible for trading by qualified institutional buyers and non-U.S. persons, however.

Enid, Okla.-based Continental Resources intends to use the...
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