7
5
⁄
8
% Senior Notes due 2020.
In March 2010, we issued $300 million of 7
5
⁄
8
% Senior Notes due
2020, at par. We received approximately $294 million of net proceeds, after deducting the underwriting
discount and offering expenses. We used the net proceeds to reduce indebtedness outstanding under
our senior revolving credit facility and for general corporate purposes. We may redeem all or part of the
7
5
⁄
8
% Senior Notes due 2020 on or after April 1, 2015 at specified redemption prices and prior to such
date at a “make-whole” redemption price. In addition, prior to April 1, 2013 we may, at our option,
redeem up to 35% of the 7
5
⁄
8
% Senior Notes due 2020 with the proceeds of certain equity offerings.
8
5
⁄
8
% Senior Notes.
In September 2009, we issued $400 million of 8
5
⁄
8
%
Senior Notes due 2019,
or the 8
5
⁄
8
%
Senior Notes, at 98.335% of the face value to yield 8.875% to maturity. We received
approximately $386 million of net proceeds after deducting the underwriting discount, original issue
discount and offering expenses. We used the net proceeds for general corporate purposes, including
to fund a portion of the remaining Haynesville Carry balance. See Note 2 – Acquisitions. We may
redeem all or part of the 8
5
⁄
8
%
Senior Notes on or after October 15, 2014 at specified redemption
prices and prior to such date at a “make-whole” redemption price. In addition, prior to October 15, 2012
we may, at our option, redeem up to 35% of the 8
5
⁄
8
%
Senior Notes with the proceeds of certain equity
offerings.
10% Senior Notes.
In March 2009, we issued $365 million of 10% Senior Notes due 2016, or the
10% Senior Notes, at 92.373% of the face value to yield 11.625% to maturity. In April 2009, an
additional $200 million of 10% Senior Notes were sold to the public at 92.969% of the face value, plus
interest accrued from March 6, 2009, to yield 11.5% to maturity. We received approximately $330
million and $181 million of net proceeds, respectively, after deducting the underwriting discounts,
original issue discount and offering expenses. We used the net proceeds to reduce indebtedness
outstanding under our senior revolving credit facility and for general corporate purposes, including
capital expenditures. We may redeem all or part of the 10% Senior Notes on or after March 1, 2013 at
specified redemption prices and prior to such date at a “make-whole” redemption price. In addition,
prior to March 1, 2012 we may, at our option, redeem up to 35% of the 10% Senior Notes with the
proceeds of certain equity offerings. In December 2011, we made payments totaling $429.5 million to
retire $380.1 million of the $565 million outstanding principal amount of our 10% Senior Notes.
7
5
⁄
8
% Senior Notes due 2018.
In May 2008, we issued $400 million of 7
5
⁄
8
% Senior Notes due
2018, at par. We may redeem all or part of the 7
5
⁄
8
% Senior Notes due 2018 on or after June 1, 2013
at specified redemption prices and prior to such date at a “make-whole” redemption price.
7
3
⁄
4
% Senior Notes.
In June 2007, we issued $600 million principal amount of 7
3
⁄
4
% Senior Notes
due 2015, or the 7
3
⁄
4
% Senior Notes, at par. In December 2011, we made payments totaling $542.2
million to retire $520.7 million of the $600 million outstanding principal amount of our 7
3
⁄
4
%
Senior
Notes.
7% Senior Notes.
In March 2007, we issued $500 million principal amount of 7% Senior Notes due
2017, or the 7% Senior Notes, at par. We may redeem all or part of the 7% Senior Notes on or after
March 15, 2012 at specified redemption prices and prior to such date at a “make-whole” redemption
price. In December 2011, we made payments totaling $442.1 million to retire $423.1 million of the $500
million outstanding principal amount of our 7% Senior Notes.
The 7
3
⁄
4
% Senior Notes, 10% Senior Notes, 7% Senior Notes, 7
5
⁄
8
% Senior Notes due 2018,
8
5
⁄
8
% Senior Notes, 7
5
⁄
8
% Senior Notes due 2020, 6
5
⁄
8
% Senior Notes and 6
3
⁄
4
% Senior Notes
(together, the Senior Notes) are our general unsecured senior obligations. The Senior Notes are jointly
and severally guaranteed by certain of our existing domestic subsidiaries. In the future, the guarantees
may be released or terminated under the following circumstances: (i) in connection with any sale or
other disposition of all or substantially all of the assets of that subsidiary guarantor; (ii) in connection
F-20