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Devon Energy planning offering of senior notes
By Aleesia Forni
Virginia Beach, June 11 – Devon Energy Corp. is planning to price an offering of senior notes, according to a 424B3 filing with the Securities and Exchange Commission.
Goldman Sachs & Co. and J.P. Morgan Securities LLC are the joint bookrunners.
The company plans to use $500 million of the proceeds to repay its floating-rate senior notes due Dec. 15, 2015, and the remainder will be used for general corporate purposes.
The oil, natural gas and natural gas liquids company is based in Oklahoma City.
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