RAAM Global Energy plans to sell $200 million five-year senior notes

By Paul A. Harris

St. Louis, Aug. 9 - RAAM Global Energy Co. plans to sell $200 million of five-year senior notes (Caa2/B-), according to a market source.

Syndicate names and timing have not yet been announced, the source added.

The notes will be sold with three years of call protection.

The Lexington, Ky.-based oil and gas company will use the proceeds to repay bank debt and for general corporate purposes.

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