Concho Resources Inc. - 2015-09-30
Description
Priced an upsized public offering of 7.7 million shares of common stock, with an underwriters’ option of up to about 1.2 million additional shares. Proceeds will be used to repay all outstanding borrowing under its credit facility, for general corporate purposes and to fund potential future acquisitions. J.P. Morgan and Credit Suisse are joint book-running managers.