Reported Earlier, Northern Oil and Gas Prices $175M Convertible Notes Reopening At 105.597%, With $50.87 Cap To Offset Potential Dilution

Benzinga · 06/13 06:44
- Reopening of existing 2029 convertible notes provides NOG with incremental strategic flexibility
- A portion of the proceeds will be used to repurchase stock and purchase a hedge overlay intended to offset share dilution until the stock is above approximately $50.87
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