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Endeavor Energy to pay down revolver borrowings with notes proceeds
By Sara Rosenberg
New York, June 2 – Endeavor Energy Resources LP intends to repay amounts outstanding under its revolving credit facility using proceeds from a $500 million senior unsecured notes offering, according to a market source.
Remaining proceeds from the notes sale will be used for general partnership purposes.
Endeavor Energy is a Midland, Texas-based oil and gas exploration and production company.
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