Finance & Investing | Debt | Capital Markets | Private Equity Activity
Rice Energy to Offer $750 Million in Senior Notes
Rice Energy Inc. has reported that, subject to market conditions, it intends to offer $750 million in aggregate principal amount of senior notes due 2022 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
The Company intends to use the net proceeds of the offering to repay and retire the Company's second lien term loan, including required premiums, and for general corporate purposes, including capital expenditures.