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Published on 12/14/2017 in the Prospect News High Yield Daily.

Lonestar Resources marketing $250 million five-year senior notes

By Paul A. Harris

Portland, Ore., Dec. 14 – Lonestar Resources US Inc. plans to sell $250 million of five-year senior notes, according to a market source.

J.P. Morgan Securities LLC is leading the Rule 144A and Regulation S deal.

The notes come with two years of call protection.

The Fort Worth-based oil and natural gas company plans to use the proceeds to pay off its 8¾% senior notes due 2019 and to pay down its revolving credit facility.


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