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W&T Offshore completely discharges second-lien notes due 2023
Chicago, Jan. 30 – W&T Offshore Inc. announced that it has satisfied and discharged the indenture governing the company’s 9¾% senior second-lien notes due 2023, according to a press release.
The company had announced that it would be using the proceeds from a new offering of second-lien notes due 2026 for the redemption.
The company paid par plus interest for the notes due 2023, based on previously disclosed information.
The indenture was satisfied simultaneous to the closing date of the offering of new notes.
The company announced that the new offering closed.
W&T Offshore is a Houston-based oil and gas exploration and production company.
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