Halcón intends to use the net proceeds from the offering, together with additional borrowings under its senior secured revolving credit facility or cash on hand, to repurchase and/or redeem the Company's
The Notes are fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally, by each of the Company's domestic subsidiaries that guarantee the Company's senior secured revolving credit facility. The offering will be made only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons in offshore transactions pursuant to Regulation S, each under the Securities Act of 1933, as amended (the "Securities Act").
The securities offered by the Company in the private placement have not been registered under the Securities Act, or any state securities laws and, unless so registered, may not be offered or sold in
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as "expects", "believes", "intends", "anticipates", "plans", "estimates", "potential", "possible", or "probable" or statements that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved. Statements regarding our pending acquisitions and divestitures are forward-looking statements; there can be no guarantee that these transactions close on the timeframe described herein or that they close at all. Forward-looking statements are based on current beliefs and expectations and involve
certain assumptions or estimates that involve various risks and uncertainties that could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to the risks set forth in the Company's Annual Report on Form 10-K for the fiscal year ended
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