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Published on 6/16/2020 in the Prospect News Bank Loan Daily.

Comstock Resources to repay bank debt with proceeds from new notes

By Sarah Lizee

Olympia, Wash., June 16 – Comstock Resources, Inc. plans to repay borrowings outstanding under its bank credit facility using proceeds from an offering of notes, according to a press release.

The company announced Tuesday that it plans to offer $400 million of 9¾% senior notes due 2026.

Comstock Resources is an oil and natural gas exploration and production company based in Frisco, Tex.


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