Rex Energy Corp. (NASDAQ: REXX) will offer of $250 million, in aggregate principal amount, of senior notes due 2022, the company said July 14.
Net proceeds from the private placement will repay all outstanding revolving credit facility borrowings, and will also support general corporate purposes, the company said.
State College, Pa.-based Rex Energy Corp. explores and produces oil and natural gas in the Illinois and Appalachian Basins.
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