Memorial Resource Development Corp. (NASDAQ: MRD) said on June 23 that it will offer $300 million, in aggregate principal amount, of senior unsecured notes due 2022.
The notes will be offered in a private placement, the company said.
Net proceeds will repay part of the revolving credit facility’s outstanding borrowings, the company said.
Houston-based Memorial Resource Development Corp. acquires, explores and develops domestic oil and natural gas.
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