Petrohawk has commenced a private offering of $300 million of 7-1/4% senior notes due 2018. Net proceeds from the offering are expected to be used to redeem all of Petrohawk's outstanding 7-1/8% senior notes due April 1, 2012 and to provide working capital for general corporate purposes.
The notes have not been registered under the Securities Act of 1933 or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The notes may be resold by the initial purchaser pursuant to Rule 144A and Regulation S under the Securities Act.
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