W&T Offshore plans to issue $350M in notes to refinance debt and boost financial stability.

W&T Offshore plans to offer $350 million in senior second lien notes due in 2029 to repay a term loan, buy back existing high-interest notes, and cover related expenses. This move aims to reduce debt and improve financial stability. The offering is restricted to qualified institutional buyers and non-U.S. investors and is exempt from SEC registration.

2 months ago
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