SM Energy Prices $350 Million Private Offering of Senior Unsecured Notes

DENVER–(BUSINESS WIRE)–SM Energy Company (NYSE: SM) today announces that it has priced a private offering of $350 million of 6.625% senior unsecured notes due 2019. The Company increased the size of the offering from the previously announced $250 million to $350 million. These senior notes will be issued at par. The offering is expected to close on February 7, 2011, subject to customary closing conditions. SM Energy intends to use the net proceeds from the offering to repay borrowings outstand



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