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CLR - Continental Resources prices upsized $1.5B new senior notes due 2031
Continental Resources Inc.
Continental Resources (CLR) has priced upsized private placement of $1.5B (from $1B) of 5.75% senior unsecured notes due 2031 at par.Offering is expected to close on November 25.Net proceeds will 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 and any remaining proceeds will be used for general corporate purposes.Previously: CLR stocks up on launching new senior notes due 2031 (Nov. 10)