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Published on 4/2/2018 in the Prospect News High Yield Daily.

Comstock Resources starts roadshow for $600 million senior notes, part of comprehensive refinancing

By Paul A. Harris

Portland, Ore., April 2 – Comstock Resources, Inc. started a roadshow on Monday for a $600 million offering senior notes, according to market sources.

BMO Securities is the lead.

The deal is part of a comprehensive refinancing undertaken by the Frisco, Texas-based independent oil and gas exploration and development company, also announced on Monday.

The refinancing included a tender offer for the senior secured toggle notes due 2020, the 7¾% convertible secured pay-in-kind notes due 2019 and the 9½% convertible secured PIK notes due 2020 (see related story in this issue).


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