Brigham Announces $125 Million Private Placement



Brigham Exploration plans to raise $125 million through a private placement of senior notes due 2014, subject to market and other customary conditions.

Certain Brigham subsidiaries will fully and unconditionally guarantee the notes. Brigham intends to use the net proceeds from the proposed offering to repay amounts under its existing senior and subordinated credit agreements and for general corporate purposes.

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