Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Oasis Petroleum Inc. > News item |
Oasis Petroleum talks $300 million eight-year notes with 7¼%-7½% yield
By Paul A. Harris
Portland, Ore., Jan. 27 - Oasis Petroleum Inc. talked its $300 million offering of eight-year senior notes (Caa1/B-) with a 7¼% to 7½% yield on Thursday, according to a market source.
The deal is expected to price on Friday morning.
J.P. Morgan Securities LLC, Wells Fargo Securities, BNP Paribas Securities Corp. and UBS Investment Bank are the joint bookrunners for the Rule 144A and Regulation S offering.
The notes come with four years of call protection.
The Houston-based independent oil and gas exploration and production company plans to use the proceeds to fund its exploration, development and acquisition program and for general corporate purposes.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.