Northern Oil and Gas Says About 97% of 2028 Senior Notes Tendered

MT Newswires Live

09/29

Northern Oil and Gas (NOG) said Monday it has received tenders from holders of about $684.9 million, representing 97.14% of its 8.125% senior notes due 2028, as of Friday.

The company said notes validly tendered and accepted for purchase will receive total consideration of $1,015 for each $1,000 principal amount plus accrued and unpaid interest, with settlement expected to occur Wednesday.

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