Ascent Resources, LLC Announces A $787 Million Equity Raise And Retirement Of Approximately $774 Million Of Debt Of Ascent Resources – Utica, LLC
Ascent Resources, LLC Announces A $787 Million Equity Raise And Retirement Of Approximately $774 Million Of Debt Of Ascent Resources – Utica, LLC PR Newswire OKLAHOMA CITY, Nov. 10, 2016 OKLAHOMA CITY , Nov. 10, 2016 /PRNewswire/ — Ascent Resources, LLC (“Ascent”), announced today that it entered into agreements to sell approximately 3.5 billion common units (“Common Units”) in a private placement transaction, which is expected to result in net proceeds to Ascent of approximately $787 million . […]