Halcon to pay down portion of senior secured revolver via add-on notes

By Marisa Wong

Madison, Wis., Dec. 16 - Halcon Resources Corp. said it intends to repay a portion of the outstanding borrowings under its senior secured revolving credit facility using proceeds from an offering of notes.

On Monday the company priced a $400 million add-on to its 9¾% senior notes due July 15, 2020.

Halcon is a Houston-based oil and gas acquisition, production, exploration and development company.

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