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Published on 7/16/2010 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Vanguard files $800 million shelf for debt securities, common units

By Devika Patel

Knoxville, Tenn., July 16 - Vanguard Natural Resources, LLC and subsidiary VNR Finance Corp. jointly filed an $800 million debt securities and common units shelf registration in an S-3 filing with the Securities and Exchange Commission.

The debt may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Vanguard Natural Resources is a Houston-based company focused on the acquisition, production and development of natural gas and oil properties.


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