Cahill Represents Underwriters in Common Stock Offering and Notes Offering by Rosetta Resources
Date: 04/12/13Cahill represented Credit Suisse and BofA Merrill Lynch as lead book-running managers and the other underwriters in connection with the offering of 7,000,000 shares of common stock, resulting in gross proceeds of $297,500,000 by Rosetta Resources Inc., an independent oil and gas company based in Houston, TX. Proceeds from the offering will be used to fund a portion of the consideration for its acquisition of oil and natural gas assets in the Permian Basin from Comstock Resources, Inc.
Cahill also represented J.P. Morgan Securities as lead book-runner and the managers in connection with Rosetta’s Rule 144A offering of $700,000,000 aggregate principal amount of 5.625% Senior Notes due 2021. Proceeds were also used towards the acquisition.