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Athlon Energy Closes Upsized Public Offering

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April 24, 2014

Athlon Energy Inc. (NYSE: ATHL) closed a public offering of common shares that had been upsized, the company said April 23.

A total of 14,806,250 common shares were sold at $40 each, Athlon Energy said, noting that the original amount of 11 million shares had been upsized to 12,875,000, and that the total of over 14 million was due to an exercised underwriters’ option.

Net proceeds of about $570.5 million will be used to fund pending acquisitions and to support general corporate purposes, Athlon Energy said. The proceeds will be ...

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