Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Finance & Investing | Capital Markets

Bakken, Niobrara Player GMX Closes Private Placement

printPrint    |   

GMX Resources Inc., has entered into a supplemental indenture to the indenture governing Company's Senior Secured Notes due 2017 (CUSIP Nos. 38011M AN8, 38011M AP3, U3822V AC2 and 38011M AQ1) to authorize and permit the issuance of a new series of senior secured notes due 2017 under the Indenture.

On December 7, 2012, following the execution of the Supplemental Indenture, the Company entered into purchase agreements with each of the committed holders who previously executed commitment agreements with the Company with respect to financing commitments by the Committed Holders. The Purchase Agreements effected the Company's private placements, with a closing on December 7, 2012, of

(i) an aggregate of $30,000,000 aggregate principal amount of the New Notes for net proceeds (after original…

Finish this article — free account or subscription
  • ✓  Full news archive — U.S., Canada & international coverage
  • ✓  A&D transactions — asset deals, corporate M&A, assets for sale
  • ✓  Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


United States News