E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/9/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Energy XXI Gulf Coast to redeem 10% senior notes due 2013

By Toni Weeks

San Diego, Feb. 9 - Energy XXI Gulf Coast, Inc. announced in a press release that it will repurchase or redeem its 10% senior notes due 2013.

The redemption will be financed with the proceeds of the company's offering of $250 million senior notes due 2019 announced Wednesday.

The company is a subsidiary of Energy XXI (Bermuda) Ltd., a Hamilton, Bermuda-based oil and natural gas exploration and production company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.