Atlas Energy roadshow for $400 million 10-year notes starts Tuesday

By Paul A. Harris

St. Louis, Jan. 7 - Atlas Energy Operating Co. and Atlas Energy Finance will begin a roadshow on Tuesday for a $400 million offering of senior notes due 2018 (B3/B), according to an informed source.

The deal is expected to price on Jan. 17.

JPMorgan and Wachovia Securities are joint bookrunners for the notes, which are being marketed via Rule 144A and via Regulation S. Banc of America Securities LLC, BNP Paribas, RBC Capital Markets, Merrill Lynch & Co. and Friedman Billings Ramsey are co-managers.

The notes come with five years of call protection.

Proceeds will be used to repay outstanding debt under the company's senior secured credit facility.

Atlas Energy is a Moon Township, Pa., company focused on the development and production of natural gas and, to a lesser extent, oil, principally in the Appalachian Basin.

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