W&T Offshore, Inc. Announces Pricing of $625 Million Offering of Senior Second Lien Notes
W&T Offshore, Inc. (WTI)
Last w&t offshore, inc. earnings: 3/4 04:45 pm
Check Earnings Report
US:NYSE Investor Relations:
starwoodhotels.com/whotels/index.html?language=en_us
Company Research
Source: PR Newswire
HOUSTON, Oct. 5, 2018 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) ("W&T Offshore" or the "Company") announced today the pricing of its previously announced private offering of $625.0 million in aggregate principal amount of senior second lien notes due 2023 (the "Notes"). The Notes, which priced at par, will mature on November 1, 2023, and will pay interest at an annual rate of 9.75%. The closing of the offering of the Notes is expected to occur on October 18, 2018, subject to customary closing conditions. W&T Offshore intends to use the net proceeds of the offering, together with borrowings from a proposed amended revolving bank credit facility and cash on hand, to (i) repay and retire its outstanding 11.00% 1.5 Lien Term Loan and 9.00% Second Lien Term Loan and (ii) redeem or repurchase in full all of its outstanding 8.500% Senior Unsecured Notes due 2019, 9.00%/10.75% Second Lien PIK Toggle Notes due 2020 and 8.50%/10.00% Third Lien PIK Toggle Notes due 2021. In connection with
Show less
Read more
Impact Snapshot
Event Time:
WTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WTI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WTI alerts
High impacting W&T Offshore, Inc. news events
Weekly update
A roundup of the hottest topics
WTI
News
- W&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024 [Yahoo! Finance]Yahoo! Finance
- W&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024GlobeNewswire
- W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich Re [Yahoo! Finance]Yahoo! Finance
- W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich ReGlobeNewswire
- W&T Offshore Announces Participation in 36th Annual Roth ConferenceGlobeNewswire
WTI
Earnings
- 3/5/24 - Miss
WTI
Analyst Actions
- 1/23/24 - Stifel
WTI
Sec Filings
- 3/28/24 - Form 8-K
- 3/18/24 - Form 8-K
- 3/5/24 - Form 8-K
- WTI's page on the SEC website