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W&T Offshore Prices $350 Million Senior Notes Offering
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W&T Offshore Prices $350 Million Senior Notes Offering
Jan 15, 2025 1:20 AM

03:49 AM EST, 01/15/2025 (MT Newswires) -- W&T Offshore ( WTI ) said late Tuesday it priced a $350 million offering of 10.75% senior second lien notes due 2029.

Proceeds from the offering, expected to close on Jan. 28, will be used to repurchase outstanding 11.75% senior second lien notes due 2026 through a tender offer and repay loans, the company said.

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