Memorial Resource Development LLC - 2013-12-13
Description
Priced its offering with Memorial Resource Finance Corp. of senior PIK toggle notes due 2018 to eligible purchasers at 98% of par. Net proceeds will be used to repay all loan amounts outstanding, to establish a cash reserve, to pay a distribution to its sponsor, and for general company purposes.
Companies
Estimated Price
$350.0MM
Financing Type
Report Date