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Article: Atlas Energy Resources Launches $150 Million Senior Notes Offering.
- Article from:
- Investrend
- Article date:
- July 13, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jul 13, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/07/13/atlas-energy-resources-launches-150-million-senior-notes-offering/)
July 13, 2009 (FinancialWire) -- Atlas Energy Resources, LLC (NYSE: ATN) has launched an underwritten public offering of $150 million of senior unsecured notes due 2017. J.P. Morgan (NYSE: JPM), Wells Fargo Securities (NYSE: WFC), Banc of America Securities (NYSE: BAC) and RBC Capital Markets are acting as joint book-running managers.
The company plans to use the net proceeds from the offering to reduce outstanding borrowings under its revolving credit facility.
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