Memorial Resource Development Corp. - 2014-11-10
Description
Priced public offering of 30 million shares at $23 each. Underwriters given monthlong option to purchase 4.5 million additional shares. MRD will not sell shares or receive any proceeds. Citigroup, Barclays, BofA Merrill Lynch, BMO Capital Markets, Goldman Sachs & Co., J.P. Morgan, Raymond James, RBC Capital Markets and Wells Fargo Securities LLC are joint book-running managers. MRD Holdco and some former management of Wildhorse Resources are selling stockholders.