Goodrich Petroleum Corp. - 2013-08-14

Description

Priced its public offering of non-convertible, perpetual preferred stock through the issuance of 4.8 million depositary shares with an option to purchase additional shares. Net proceeds will be used repay borrowings outstanding under its senior credit facility and for general corporate purposes. Morgan Stanley & Co. LLC and UBS Securities LLC are joint book-running managers. Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, MLV & Co. LLC, and Sterne, Agee & Leach Inc. are joint lead managers.

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Estimated Price
$120.0MM
Financing Type
Report Date