Stone Energy Corporation today announced that it intends, subject to market and other conditions, to offer $250 million aggregate principal amount of Convertible Notes due 2017 (the "Convertible Notes") [...] The Convertible Notes are expected to pay interest semiannually and will be convertible into cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock, at the Company's election, based on a conversion rate to be determined.
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