Memorial Resource Development Corp. - 2015-09-21

Description

Priced an upsized, underwritten public offering of 12 million shares of its common stock at $17.60 per share. The underwriter has exercised its option to buy an additional 1.8 million shares in full. Proceeds will be used to finance the acquisition of acreage in North Louisiana and general corporate purposes. Barclays is sole book-running manager.

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Estimated Price
$242.9MM
Financing Type
Report Date