Resolute Energy Corp. (NYSE: REN) priced its public offering of 3.8 million common shares at $38 each for about $144.4 million, the company said Dec. 19.

The net proceeds will repay the second-lien secured term loan and repay revolving credit facility debt.

Underwriters received a 30-day option to purchase 570,000 additional shares.

BMO Capital Markets and Goldman Sachs are joint book-running managers.