Rosetta Resources Inc. - 2013-04-18
Description
Priced its underwritten public offering of 7 million shares of common stock with a 30-day option to purchase up to some 1.1 million additional shares at $42.50 per share. Net proceeds will be used to fund a portion of the acquisition in the Permian Basin from Comstock Resources Inc., repay amounts outstanding under the company's revolving credit facility, and for general corporate purposes. Credit Suisse and BofA Merrill Lynch are joint book-running managers.