Athlon Energy prices upsized public offering of common stock
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17 Apr 2014
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Athlon Energy Inc. announced the pricing of its underwritten public offering of 12,875,000 shares of common stock at USD 40 per share. Athlon has also granted the underwriters a 30-day option to purchase up to an additional 1,931,250 shares of Athlon’s common stock at the public offering price. The offering was upsized to 12,875,000 shares from the original offering size of 11,000,000 shares. The offering is expected to close on April 23, 2014, subject to customary closing conditions. Athlon plans to use all of the net proceeds from this offering, together with net proceeds from a senior notes offering and/or borrowings under its credit agreement to fund the purchase price of pending acquisitions and for general corporate purposes. Citigroup Global Markets Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering. Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., Barclays Capital Incorporated and Tudor, Pickering, Holt & Co. Securities, Inc. are also acting as book-running managers for the offering. Apollo Global Securities, LLC, Simmons & Company International, Stephens Inc., UBS Securities LLC, CIBC World Markets Corp. and Mitsubishi UFJ Securities (USA), Inc. acted as co-managers for the offering |
| Source: Dion Global Type: IPO Related |
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