Energen Corp. - 2016-02-22
Description
Closed its upsized public offering of 15.8 million common shares. Underwriter exercised its option to purchase about 2.3 million additional shares, bringing the total shares purchased to about 18.1 million. Total net proceeds will repay credit facility borrowings, fund drilling and development activities and support other general corporate purposes. Credit Suisse Securities (USA) LLC was the book-running manager.