May 14, 2009 (FinancialWire) — LINN Energy, LLC (NASDAQ: LINE) and its subsidiary, Linn Energy Finance Corp. plan to commence a private offering to eligible purchasers of $200 million in aggregate principal amount of senior unsecured notes due 2017.

LINN Energy intends to use the net proceeds of the proposed offering to repay outstanding indebtedness under its revolving credit facility.

The notes to be offered have not been registered under the Securities Act of 1933, as amended, or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The senior unsecured notes will be offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

LINN Energy’s mission is to acquire, develop and maximize cash flow from a growing portfolio of long-life natural gas and oil assets.

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