Concho Resources Inc. - 2012-08-14
Description
It intends to publicly offer $400 million aggregate principal amount of senior unsecured notes due 2023. Concho intends to use the net proceeds from the offering to repay a portion of the outstanding balance under its credit facility. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Wells Fargo Securities, LLC will act as joint book-running managers for the senior unsecured notes offering.