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Hercules Offshore Prices Private Placement of Senior Notes

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HOUSTON, June 28, 2013 /PRNewswire/ -- Hercules Offshore, Inc. (HERO) today announced that it has priced a private placement of $400,000,000 aggregate principal amount of senior notes due 2021, which will bear interest at a rate of 8.750% per annum. The notes are being sold at par. Hercules Offshore expects to use the net proceeds from this offering, together with cash on hand (including the proceeds of approximately $104.0 million it...

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