Lonestar Resources US Inc.


Lonestar Resources US Inc. intends to offer $250 million in aggregate principal amount of senior unsecured notes due 2023 in a private offering. Lonestar plans to use the net proceeds from the offering to redeem all of its outstanding 8.75% senior notes due 2019 and to reduce amounts outstanding under its revolving credit facility.

Lonestar said it closed the offer on Jan. 9. The net proceeds of the notes offering will be used to fully retire Lonestar's existing 8% senior unsecured notes due April, 2019, which bear principal, interest and prepayment premium of approximately $162 million.

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