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CLR - CLR stocks up on launching new senior notes due 2031
Continental Resources Inc.
Continental Resources (CLR) to offer a series of senior notes due 2031 in a private placement.Proceeds will be used to fund the concurrent tender offers for a portion of the company's 5.0% senior notes due 2022 and 4.5% senior notes due 2023, to repay borrowings under revolving credit facility and for general corporate purposes.Shares up 4% premarket.