debt
confidence high
sentiment neutral
materiality 0.60
Comstock Resources announces $375M offering of 6.75% senior notes due 2029
COMSTOCK RESOURCES INC
- $375M principal amount of 6.75% senior notes due 2029 to be offered in private placement.
- New notes are a mirror issue; $1.2239B of Original 6.75% notes already outstanding.
- Proceeds to repay borrowings under the bank credit facility and pay fees.
- Notes will be unsecured and unsubordinated, guaranteed by certain subsidiaries.
- Offering is subject to market conditions; not registered under the Securities Act.