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Rosetta Resources Prices $206.4MM Stock Offering
Rosetta Resources Inc. has priced an underwritten public offering of 12,000,000 shares of the Company's common stock. The Company has granted the underwriter a 30-day option to purchase up to an additional 1,800,000 shares of common stock. The Company expects to receive total gross proceeds (before underwriting discounts and estimated offering expenses) of approximately $206.4 million, or approximately $237.4 million if the underwriter exercises its option to purchase additional shares of common stock in full.
The Company intends to use the net proceeds from this offering to repay outstanding borrowings under the Company's revolving credit facility and for general corporate purposes. The sale of our common stock is expected to settle on March 13, 2015, subject to the satisfaction of customary closing conditions.
Morgan Stanley & Co. LLC is acting as the sole underwriter of the offering and proposes to offer the shares at prevailing market prices or otherwise from time to time through the NASDAQ Global Select Market, the over-the-counter market, negotiated transactions or otherwise.
/Book Runner
Houston ,Texas ,77002
713-335-4000
General Manager, Production,Operations & Drilling
Houston ,Texas ,77002
713-335-4196
VP & Treasurer
Houston ,Texas ,77002
713-335-4000
Sr Vice President, Drilling & Production Operations
Houston ,Texas ,77002
713-335-4011
Reservoir Engineer
Houston ,Texas ,77002
713-335-4000
Sr VP Asset Development
Houston ,Texas ,77002
713-335-40021
EVP & CFO
Houston ,Texas ,77002
713-335-4105
Houston ,Texas ,77002
713-335-4000
Executive Assistant
Houston ,Texas ,77002
713-335-4062
Houston ,Texas ,77002
713-335-4000
Sr Geoscience & New Ventures Manager
Houston ,Texas ,77002
713-335-4013
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