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Prospect News home > News index > List of issuers Tenders > Headlines for 2017 > News item
Published on 12/14/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Lonestar to redeem 8¾% notes, pay down revolver with note proceeds

By Sarah Lizee

Olympia, Wash., Dec. 14 – Lonestar Resources US, Inc. plans to redeem all of its 8¾% senior notes due 2019 and reduce amounts outstanding under its revolving credit facility using proceeds from a new offering, according to a press release.

The company said on Thursday that it intends to offer $250 million of senior notes due 2022.

Lonestar is an oil and gas company based in Fort Worth.


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