Join The Discussion

 

Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

read more >

Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

read more >

Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

read more >

Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

read more >

E-Mist finds focus: Ebola gives infection control start-up its moment in spotlight

In the space of 72 hours, George Robertson found his company’s products on the cover of The New York Times and himself on CNN and WFAA, along with innumerable mentions in various media around the world.

read more >

Approach Resources prices bond offering

 

A. Lee Graham
Reporter

Approach Resources Inc. of Fort Worth has announced the pricing of its $250 million public offering in aggregate principal amount of 7 percent senior notes due 2021.
The notes were priced at par. Their sale is expected to settle on June 11, 2013, subject to satisfying customary closing conditions.
The company said it intends to use net proceeds from the offering to repay the outstanding indebtedness under its revolving credit facility, to fund capital expenditures and for general working capital needs.
Acting as joint book-running managers of the offering are J.P. Morgan Securities LLC, RBC Capital Markets and KeyBanc Capital Markets. The notes are being offered through a prospectus supplement and accompanying base prospectus, copies of which are available at J.P. Morgan Securities LLC, 383 Madison Ave., 3rd Floor, New York, NY 10179, Attention: Syndicate Desk, or by calling 800-245-8812.
When available, electronic copies of the prospectus supplement and accompanying base prospectus may be obtained free of charge at www.sec.gov.
Approach Resources Inc., an independent oil and gas company with core operations, production and reserves in West Texas’ Permian Basin, operates about 148,000 net acres in that region. More information is available at www.approachresources.com.

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?