Jan 20 (Reuters) - Tourmaline Oil Corp TOU.TO :
* TOURMALINE OIL CORP. ANNOUNCES INAUGURAL ISSUANCE OF SENIOR UNSECURED NOTES
* TOURMALINE OIL CORP - HAS AGREED TO ISSUE $250 MILLION OF SENIOR UNSECURED NOTES DUE JANUARY 25, 2028
* TOURMALINE OIL CORP - NOTES WILL BE ISSUED AT PAR FOR AGGREGATE GROSS PROCEEDS OF $250 MILLION AND WILL BEAR INTEREST AT A FIXED RATE OF 2.077% PER ANNUM
* TOURMALINE OIL CORP - NET PROCEEDS OF OFFERING WILL BE USED TO REPAY EXISTING INDEBTEDNESS