Endeavor International Corp (END +3.8%) trades up after announcing a private placement to issue...

|By:, SA News Editor

Endeavor International Corp (END +3.8%) trades up after announcing a private placement to issue up to $500M in new senior notes due 2020. Net proceeds of the offering will go to fund its previously announced acquisition of oilfield interests in the U.K. North Sea as well as paying down senior term loans due next year.