Text Size:
A | A

Far East Energy Reports Private Placement Of Senior Secured Notes

Text Size: A | A
July 12, 2012

Far East Energy Corporation (FEEC) announced the intention of Far East Energy (Bermuda), Ltd., a wholly owned subsidiary of Far East Energy Corporation, to offer, subject to market conditions, senior secured notes due 2017 in a private placement not registered under the Securities Act of 1933, as amended. 

Far East Energy (Bermuda) expects to use the net proceeds from the notes offering to repay all of the indebtedness outstanding under its existing $20.3 million secured term loan and for drilling and completion capital, general corporate purposes and to fund a ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription