Cabot Oil & Gas Corp. - 2016-03-23

Priced an upsized public offering of 44 million common shares priced at $20 each. Net proceeds will support general corporate purposes including repaying revolving credit facility debts, boosting liquidity and funding part of the capital program. Underwriters were granted an option to purchase 6.6 million additional shares. Offer is scheduled to close on Feb. 26. J.P. Morgan, BofA Merrill Lynch and Citigroup are joint book-running managers.