News Column

Athlon Energy Prices Upsized Secondary Public Offering

February 21, 2014



By a News Reporter-Staff News Editor at Energy Weekly News -- Athlon Energy Inc. (NYSE: ATHL) ("Athlon") announced the pricing of an underwritten public offering by certain selling stockholders that are affiliates of Apollo Management Holdings L.P. of 14,000,000 shares of common stock at $32.00 per share. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of Athlon's common stock at the public offering price. The offering was upsized to 14,000,000 shares from the original offering size of 12,000,000 shares. The offering is expected to close on February 12, 2014, subject to customary closing conditions. Athlon will not sell any shares of common stock in the offering and will not receive any proceeds therefrom.

Citigroup Global Markets Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering. BofA Merrill Lynch, Barclays Capital Incorporated, RBC Capital Markets, LLC, Tudor, Pickering, Holt & Co. Securities, Inc., UBS Securities LLC and Wells Fargo Securities, LLC are also acting as book-running managers for the offering.

Keywords for this news article include: Athlon Energy Inc.

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Source: Energy Weekly News


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