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Published on 1/26/2009 in the Prospect News Investment Grade Daily and Prospect News Private Placement Daily.

Ultra Petroleum offers $200 million private placement of senior notes

By Paul A. Harris

St. Louis, Jan. 26 - Ultra Petroleum Corp. is in the market to raise approximately $200 million via the private placement of senior notes (NAIC-2), according to a market source.

Pricing is expected early in the first week in February.

Citigroup, Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. are the placement agents.

Ultra Petroleum is a Houston-based oil and gas exploration and production company.


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