secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0000950170-24-040249
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comstock Resources upsizes and prices $400M 6.75% senior notes due 2029
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- Aggregate principal increased to $400M from originally proposed $375M.
- Notes carry a 6.75% coupon and are issued at 93% of par.
- Net proceeds of ~$365M will repay borrowings under the bank credit facility.
- Closing expected on April 9, 2024, subject to customary conditions.
- Private placement under Rule 144A and Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000095017024040249/0000950170-24-040249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000095017024040249/crk-20240402.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-040249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer