Callon Announces Launch of $650M Senior Unsecured Notes Offering

Source: www.gulfoilandgas.com 6/21/2021, Location: North America

Callon Petroleum Company announced that, subject to market and other conditions, it intends to offer $650 million aggregate principal amount of senior unsecured notes due 2028 (the "notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act").

The net proceeds from the offering are expected to be used to redeem all $542.7 million of the Company's existing 6.25% Senior Notes due 2023. Remaining proceeds will be used to partially repay (without cancelling) amounts outstanding under the Company's senior secured revolving credit facility.

The notes and the related guarantees to be offered have not been registered under the Securities Act or any state securities laws and unless so registered, the notes and the related guarantees may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes and the related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.


Canada >>  7/30/2021 - - SNCL Engineering Services revenue of $1.5 billion, an increase of 2.4%, or 6.8% based on constant currency, compared to Q2 2020 ...
Germany >>  7/30/2021 - Results for the third quarter of financial year 2021 (April 2021 - June 2021) ...

Italy >>  7/30/2021 - The Saipem SpA Board of Directors, chaired by Silvia Merlo, approved, the Consolidated Half-Year Financial Report as at 30 June 2021. ...
Netherlands/Holland >>  7/30/2021 - Second Quarter 2021 Highlights
- Record quarterly earnings driven by strong demand and tight market conditions ...


Nigeria >>  7/30/2021 - Africa Oil Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a r...
United States >>  7/30/2021 - - Earnings increased $5.8 billion over the second quarter of 2020, driven by oil and natural gas demand and best-ever quarterly chemical and lubricant...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.