Forest Oil Begins Private $250 Million Debt Offering
Forest Oil Corporation announced that it is offering to eligible purchasers, subject to market and other conditions, $250 million principal amount of Senior Notes due 2019. Forest intends to use the proceeds of the offering, together with borrowings under its credit facilities, to repay its 8% Senior Notes due June 2008 upon maturity.
- Forest Oil to Put Texas Panhandle Properties Up For Sale (Jul 15)
- Forest Oil Partners with Schlumberger on Eagle Ford Shale Land (Apr 12)
- Forest Oil to Sell South Texas Assets Excluding Eagle Ford (Jan 03)