Halcón intends to use the net proceeds from the offering to repay outstanding indebtedness under its senior secured revolving credit facility and for general corporate purposes, including to fund a portion of the Company's 2013 capital expenditure program.
The securities were offered to 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 (the "Securities Act"), as amended. The Company
expects to close the offering on or about
The senior notes have not been registered under the Securities
Act or any state securities laws and may not be offered or sold in
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities and Exchange Act of 1934, as amended. Such forward looking statements include, but are not limited to, the size of the offering and the anticipated use of proceeds. 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. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date hereof. The Company has no duty, and assumes no obligation, to update forward-looking statements as a result of new information, future events or changes in the Company's expectations.
About Halcón Resources
Scott M. ZuehlkeVP, Investor Relations Halcon Resources(832) 538-0314
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