Edge Petroleum Corp. - 2007-02-05
Description
Plans to publicly offer 9.5 million shares at US$13.25 each for a total US$125.9 million and 2.5 million 5.75% series A cumulative convertible perpetual preferred stock at US$50 each to fund the acquisition of properties from Smith Production Inc., finance its revolving credit facility and for general corporate purposes. Raymond James & Associates Inc. and J.P. Morgan Securities Inc. are joint book-runners for both offerings.