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Energy XXI extends exchange offer

By BFN News | 02:17 PM | Monday 19 October, 2009


Energy XXI Gulf Coast Inc has extended the expiration date of its planned exchange offer to midnight October 20. The company has offered to exchange up to $347.5m of outstanding senior 2013 notes carrying a 10% coupon for its newly issued 16% second lien junior secured notes due 2014. The original expiration date was midnight October 16.

Story provided by Business Financial Newswire