Petrohawk Energy prices common stock, senior notes offerings

BOSTON (Thomson Financial) - Petrohawk Energy Corp. Friday said its public offering of 25 million shares of common stock priced at $26.39 per share, and its private placement offering of $500 million of senior notes due 2015 priced at an offering price equal to face value.

In connection with its common stock offering, the company said it has granted underwriters a 30-day option to purchase up to an additional 3.75 million shares of common stock. Petrohawk Energy had raised the offering size by 4 million shares from 21 million shares.

The Houston-based natural gas and oil producer said it intends to use proceeds from both offerings to pay down outstanding borrowings on its revolving credit facility.

Shares fell 29 cents to $26.36.

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