[Context: On February 1, Energy & Minerals Group-backed Indigo Natural Resources announced the pricing of a $650m private offering of senior unsecured notes. The company recently announced it had filed confidentially to Further details and related links are below.]
Indigo Natural Resources | Energy & Minerals Group
Indigo Natural Resources LLC Announces Pricing of $650 Million Private Offering of Senior Unsecured Notes due 2026
HOUSTON, Feb. 1, 2018 /PRNewswire/ — Indigo Natural Resources LLC (“Indigo”) priced the previously announced private offering (the “Notes Offering”) of $650 million of senior unsecured notes due 2026 (the “2026 Notes”). The 2026 Notes will mature on February 15, 2026 and will pay interest at a rate of 6.875%.
The closing of the Notes Offering, which is subject to customary conditions, is expected to occur on February 6, 2018. The securities to be offered in the Notes Offering have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Indigo plans to offer and sell the securities only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act.
This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Indigo Natural Resources LLC
Indigo Natural Resources LLC is an independent natural gas and natural gas liquids company headquartered in Houston, Texas. The company is currently the second largest producer in North Louisiana with operations in the Haynesville Shale, the Cotton Valley formation, where the Company specifically targets the Vaughn horizon in the Holly Field, and the Bossier Shale.