Laredo Petroleum, Inc. announced the pricing of $450 million in aggregate principal amount of 5.625% senior notes due 2022. Interest is payable on January 15 and July 15 of each year. The first interest payment will be made on July 15, 2014, and will consist of interest from closing to that date.

The offering is expected to close on January 23, 2014, subject to customary closing conditions. The company will use the net proceeds of the offering, if completed, for general working capital purposes. The senior notes will be senior unsecured obligations of the company and will be guaranteed on a senior unsecured basis by the company's existing subsidiary and all of its future subsidiaries, with certain exceptions.