Baytex announces proposed $500 million private placement offering of senior notes

Baytex announces proposed us$500 million private placement offering of senior notes.baytex energy corp - intends to offer us$500 million aggregate principal amount of senior unsecured notes due 2027.baytex energy - intends to use net proceeds from offering to redeem $400 million of outstanding 5.125% notes due june 1, 2021, among other things.baytex energy - intends to use net proceeds to also redeem $300 million principal amount of its outstanding 6.625% debentures due july 19, 2022.
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