Gulfport Energy Corp. (GPOR), Tuesday announced pricing of $650 million aggregate principal amount of 6.75 percent Senior Notes due 2029 in a private placement to purchasers at a price of 100 percent of par, plus accrued interest from September 13.
The company intends to use the proceeds to purchase any or all of the 8.0 percent Senior Notes due 2026 , and to redeem the remaining on or prior to May 17, 2025.
The offering is expected to close on September 13, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.