New Issue-Comstock Resources sells $300 mln notes

Mon Feb 28, 2011 5:39pm EST

  Feb 28 (Reuters) - Comstock Resources Inc (CRK.N) on
Monday sold $300 million of senior notes, said IFR, a Thomson
Reuters service.
  The size of the deal was increased from an originally
planned $250 million.
  Bank of America Merrill Lynch, BMO Capital and JP Morgan
were the joint bookrunning managers for the sale.
BORROWER: COMSTOCK RESOURCES INC
AMT $300 MLN      COUPON 7.75 PCT     MATURITY 4/1/2019  
TYPE SR NTS       ISS PRICE 100       FIRST PAY 10/1/2011
MOODY'S B2        YIELD 7.75 PCT      SETTLEMENT 3/14/2011
S&P SINGLE-B      SPREAD 473 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS 

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.