Resolute Energy Corp. - 2013-05-14
Description
Closed its underwritten public offering of some 13.3 million shares of its common stock at $8 per share. Net proceeds will be used to repay outstanding balances under its revolving credit facility. Barclays, BMO Capital Markets, Citigroup, Raymond James, and Wells Fargo Securities were joint book-runners. Johnson Rice & Co. LLC and Capital One Southcoast are senior co-managers. Global Hunter Securities, Scotiabank/Howard Weil, Ladenburg Thalmann & Co. Inc., SunTrust Robinson Humphrey, and Wunderlich Securities were co-managers.