SEC Filing Summary: Halcón Resources Corporation
Business Context and Reporting Period
This Form 8-K was filed by Halcón Resources Corporation on October 23, 2012. The report discloses a material corporate event regarding a new debt issuance. Note: The request metadata references "Battalion Oil Corp," but the filing text explicitly identifies the registrant as Halcón Resources Corporation.
Key Financial Metrics
- Debt Issuance: Priced an offering of $750 million aggregate principal amount of 8 7/8% senior notes due 2021.
- Issuance Price: Notes were issued at 99.247% of par value.
- Revenue, Profit, Cash Flow, Margins, Liquidity: The filing text does not provide a clear value for these operational metrics as this is a current report focused solely on the debt offering event.
Material Changes
The primary material change is the expansion of the company's capital structure through the new senior notes offering. No comparative financial data or changes versus prior periods are included in this specific filing.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, risk factors, or contingencies beyond the announcement of the debt pricing. The proceeds and specific use of funds are not detailed in the provided text.
Investor Verification Checklist
- Verify the final closing date and total net proceeds received from the $750 million offering.
- Confirm the specific use of proceeds for the new senior notes.
- Review the full indenture for covenants and repayment terms associated with the 8 7/8% senior notes due 2021.
- Check subsequent filings for any impact on the company's leverage ratios and liquidity position.