Rosetta Resources Inc. Announces Upsize And Pricing Of $500 Million Senior Notes Offering

HOUSTON, May 21, 2014 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) (the "Company") announced today the pricing of its public offering of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2024. The offering was upsized from the previously announced $400 million aggregate principal amount. The notes were priced at par. The sale of the notes is expected to settle on May 29, 2014, subject to the satisfaction of customary closing conditions.

The Company intends to use all of the net proceeds from the proposed notes offering to repay borrowings outstanding under the Company's revolving credit facility and for general corporate purposes.

J.P. Morgan, Wells Fargo Securities, BMO Capital Markets and Mitsubishi UFJ Securities are acting as joint book-running managers of the offering. The offering is being made only by means of a prospectus supplement and accompanying base prospectus, copies of which may be obtained by contacting J.P. Morgan, c/o Broadridge Financial Solutions, at 1155 Long Island Avenue, Edgewood, New York 11717, or by calling (866) 803-9204; Wells Fargo Securities at 550 South Tryon Street, 7th Floor, Charlotte, North Carolina 28202, Attention: Client Support, or by calling (800) 326-5897, or by emailing a request to: cmclientsupport@wellsfargo.com; BMO Capital Markets at 3 Times Square, 28th Floor, New York, New York 10036, Attention: Maya Patel, or by calling (212) 702-1882; or Mitsubishi UFJ Securities at 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Capital Markets Group, or by calling (877) 649-6848.

When available, an electronic copy of the prospectus supplement and accompanying base prospectus may also be obtained at no charge at the Securities and Exchange Commission's website at http://www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. The offering is being made pursuant to an effective registration statement on Form S-3 previously filed by the Company with the Securities and Exchange Commission.

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