Denbury To Raise $400 Million Through Senior Notes

Link here.

Continues the trend.

These 6 3/8ths notes will replace 7 1/2% notes coming due in 2013 and 2015. 

I've always said the "business of business" is where companies make money, and saving a percent on their debt probably saves a few bucks. I know folks would prefer a 5% note on their new home rather than a 6% note.