By: Benzinga
Magnum Hunter Announces Pricing of Preferred Offering
Magnum Hunter Resources (NYSE: MHR ) announced today that it has priced an underwritten public offering of depositary shares ("Depositary Shares"), each representing a 1/1,000th interest in a share of its 8% Series E Cumulative Convertible Preferred Stock (with a liquidation preference of $25,000 per share, which is equivalent to $25 per Depositary Share)
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