Memorial Resource Development Corp. - 2014-06-13

Description

Priced an IPO of 42.8 million shares sold at $19 each by the company and the selling stockholder. Net proceeds will redeem 10% and 10.75% senior notes due 2018. They will also pay part of an asset consideration and reduce credit facility borrowings.

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Estimated Price
$382.1MM
Financing Type
Report Date