Comstock Resources to pay down credit facility with note proceeds

By Ashley Montgomery

Kansas City, Kan., May 31 - Comstock Resources, Inc. intends to use the proceeds from its offering of $250 million senior notes to repay outstanding debt under its bank credit facility.

Comstock is a Frisco, Texas-based company engaged in the acquisition, development, production and exploration of oil and natural gas with operations in Texas and Louisiana.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.