Unit Corporation extends note offering

Tulsa’s Unit Corporation is extending its offer for senior notes, an offer first announced in early November 2019.

The company stated on Monday that the extension for the 6.625% Senior Subordinated Notes due 2021, newly-issued 10.000% Senior Secured notes due 2024 and 7.000% Junior Secured notes due 2025 will now be Friday, January 31, 2020.

The deadline had previously been Friday, January 10, 2020.

 

 

BofA Securities is acting as dealer manager in connection with the proposed Exchange Offer and Consent Solicitation. Global Bondholder Services Corporation is serving as information and exchange agent for the proposed Exchange Offer and Consent Solicitation.