Wednesday, November 18, 2009

Deadline for Callon Petroleum (CPE) Senior Note Exchange Offer is Today

Today is the deadline for the exchange offer!

Since I published my article on Monday about the opportunity to be a holdout from the Callon Petroleum (CPE) Senior Note Exchange Offer, there has not been very much trading volume in the notes.

Probably tomorrow we will get a press release about how the exchange offer went. Since they started out with 74.5% of holders signed up, I am assuming they will get the 80% that they wanted.

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