Gulfport Energy Corp. (GPOR) has announced the pricing of $650 million in aggregate principal amount of 6.75% Senior Notes due 2029. These notes will be sold in a private placement to purchasers at 100% of their par value, with accrued interest starting from September 13.The company plans to use the proceeds from this offering to repurchase any or all of its outstanding 8.0% Senior Notes due 2026 and to redeem the remaining notes on or before May 17, 2025.The transaction is scheduled to close on September 13, 2024.The material has been provided by InstaForex Company – www.instaforex.com
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