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Sanchez Energy Corporation has commenced a private offering to eligible purchasers of $250 million aggregate principal amount of 6.125% senior notes due 2023.
The notes will be issued under the indenture governing Sanchez Energy's outstanding 6.125% senior notes due 2023 and will become part of the same series as such outstanding notes.
Sanchez Energy intends to use the net proceeds from this offering for general corporate purposes, including working capital.