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Rice Energy Upsizes Senior Notes Offer

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April 17, 2014

Rice Energy Inc. (NYSE: RICE) upsized the aggregate principal amount of its recent private placement of senior notes by $150 million, to $900 million, the company said April 16.

The 6.250% notes are due 2022 and the offer is scheduled to close April 25, the company said.

Net proceeds of about $882.7 million will repay and retire the second-lien term loan and its required premiums, Rice Energy said. Proceeds will also support general corporate purposes including capex, the company added.

Rice Energy Inc. acquires, explores and develops natural gas and ...


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