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Hercules Offshore Announces Private Placement of Senior Notes

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HOUSTON, June 24, 2013 /PRNewswire/ -- Hercules Offshore, Inc. (HERO) today announced its intention, subject to market conditions, to offer, in a private placement, up to $400,000,000 aggregate principal amount of senior notes due 2021. Hercules Offshore expects to use the net proceeds from the offering, together with cash on hand (including the proceeds of approximately $104 million it expects to receive from the sales of its...

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