Houston-based Goodrich Petroleum Corp. (NYSE: GDP) has repurchased $123 million aggregate principal amount of its outstanding 3.25% convertible senior notes due 2026 in a privately-negotiated transaction for $126 million.
The repurchase was made using a portion of the net proceeds from the company's recently-completed offering of $275 million aggregate principal amount of its 8.875% senior notes due 2019.
Jefferies & Co. Inc. was advisor to Goodrich.
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