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Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item
Published on 9/15/2017 in the Prospect News Bank Loan Daily.

WildHorse to repay revolver borrowings with proceeds from new notes

By Sarah Lizee

Olympia, Wash., Sept. 15 – WildHorse Resource Development Corp. plans to repay borrowings under its revolving credit facility using the proceeds from an offering of new notes, according to a press release.

On Friday, the company announced that it plans to offer $150 million of 6 7/8% senior notes due 2025. Proceeds from the notes will also be used for general corporate purposes.

WildHorse is an oil and natural gas company based in Houston.


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