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Prospect News home > News index > List of issuers G > Headlines for GMX Resources Inc. > News item
Published on 2/4/2008 in the Prospect News Convertibles Daily.

GMX Resources launches $100 million convertible senior notes due 2013

By Evan Weinberger

New York, Feb. 4 - GMX Resources Inc. launched $100 million in convertible senior notes due 2013.

There is a $15 million over-allotment option.

No other details of the Rule 144A transaction were available as of press time.

GMX Resources is an Oklahoma City-based oil driller. The company plans to use the proceeds to repay debt under its bank credit facility.


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