HOUSTON, April 18, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) (the "Company") announced today that it has priced an underwritten public offering of 7,000,000 shares of the Company's common stock at $42.50 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock. The Company intends to use the net proceeds from this offering to fund a portion of the consideration for its previously announced acquisition of oil and natural gas assets in the Permian Basin from Comstock Resources, Inc. (the "Acquisition") and to repay amounts outstanding under the Company's revolving credit facility. Any remaining net proceeds will be used for general corporate purposes. The sale of our common stock is expected to settle on April 23, 2013, subject to the satisfaction of customary closing conditions.
Rosetta Resources Inc. Announces Pricing Of Public Offering Of Common Stock
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