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Mariner Energy calls $195 million of 11¾% senior notes at 131.75724
By Marisa Wong
Madison, Wis., Dec. 13 - Mariner Energy Inc. will redeem $195 million of its $300 million of 11¾% senior notes due June 30, 2016 on Dec. 14, according to a revised notice.
The notes will be redeemed at 131.75724 plus accrued interest to the redemption date.
The issuer originally planned to redeem all $300 million of the notes on Dec. 13 at 111.75. That redemption was previously rescinded.
Wells Fargo Bank NA is the trustee.
Mariner Energy is a Houston-based oil and gas exploration, development and production company.
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