Aurora Oil & Gas Ltd. (TO: AEF) has priced its private offering of US $300 million in aggregate principal amount of senior unsecured notes due in 2020.

The notes have been upsized from the previous amount of US $250 million. The notes will be issued at par and bear interest at 7.5% per annum, payable semi-annually in arrears, beginning Oct. 1. The offering is expected to close on March 21.

The notes will be issued by its wholly owned subsidiary, Aurora USA Oil & Gas Inc., as senior unsecured obligations ...