Exco Resources to start roadshow Thursday for $300 million seven-year notes

By Paul A. Harris

St. Louis, Jan. 7 - Exco Resources will start a roadshow Thursday for $300 million of senior notes due 2011, a market source said.

The deal is expected to price mid to late in the week of Jan. 12.

Credit Suisse First Boston will run the books for the Rule 144A offering. Banc One Capital Markets is co-manager.

The notes are non-callable for three years.

The Dallas-based oil and gas exploration and production company plans to use proceeds from the offering to fund the acquisition of Nuon Energy & Water.

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