Berry Petroleum Prices Senior Notes
Berry Petroleum Company (NYSE:BRY) has priced its offering of $200 million aggregate principal amount of Senior Subordinated Notes Due 2016, which will bear interest at a rate of 8.25% per year and are being sold at par. Berry expects to close the sale of the notes on October 24, 2006, subject to the satisfaction of customary closing conditions.
J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Wells Fargo Securities, LLC and Goldman, Sachs & Co., are acting as joint book-running managers for the notes offering. A copy of the prospectus supplement and accompanying prospectus for the offering may be obtained on the SEC website. Alternatively, the underwriters will arrange to send you the prospectus supplement if you request it by contacting J.P. Morgan Securities Inc. at 270 Park Avenue, 8th Floor, New York, New York 10017, attention Syndicate Desk.
Berry Petroleum is an independent energy company headquartered in Bakersfield, California. The Company is engaged in the production, development, acquisition, exploitation of, and exploration for crude oil and natural gas primarily in California, Utah and Colorado.
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