By Wendy Van Sickle
Columbus, Ohio, Nov. 4 – HighPeak Energy, Inc. priced a $225 million private placement of 10.625% two-year senior notes, according to a news release.
The company plans to reduce credit facility debt and for general corporate purposes.
Based in Fort Worth, HighPeak Energy is an independent oil and natural gas company engaged in the acquisition, development and production of oil, natural gas and NGL reserves.
| Issuer: | HighPeak Energy, Inc.
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| Amount: | $225 million
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| Issue: | Senior notes
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| Maturity: | November 2024
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| Coupon: | 10.625%
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| Pricing date: | Nov. 4
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| Settlement date: | Nov. 10
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