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Midstates Petroleum Announces $700 Million Private Placement of Senior Notes Due 2021 (Midstates Petroleum Company Inc)

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(Source: Midstates Petroleum Company Inc) HOUSTON--(BUSINESS WIRE)--May. 20, 2013-- Midstates Petroleum Company, Inc. (NYSE: MPO) (the "Company") and its wholly-owned subsidiary Midstates Petroleum Company LLC announced today that, subject to market conditions, they intend to offer for sale $700 million in aggregate principal amount of senior unsecured notes due 2021 in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), to eligible purchasers. The Company intends to use the net proceeds from the private placement to fund the cash portion of the purchase price of...

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