Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - ROAN RESOURCES, INC. | d283594d8k.htm |
| EX-1.1 - UNDERWRITING AGREEMENT, DATED JANUARY 12, 2012 - ROAN RESOURCES, INC. | d283594dex11.htm |
| EX-8.1 - OPINION OF BAKER BOTTS L.L.P. REGARDING TAX MATTERS - ROAN RESOURCES, INC. | d283594dex81.htm |
| EX-5.1 - OPINION OF BAKER BOTTS L.L.P. REGARDING THE LEGALITY OF THE UNITS - ROAN RESOURCES, INC. | d283594dex51.htm |
Exhibit 99.1
|
NEWS RELEASE |
LINN ENERGY ANNOUNCES PRICING OF ITS PUBLIC OFFERING OF 17,000,000 UNITS
HOUSTON, Jan. 12, 2012 – LINN Energy, LLC (NASDAQ: LINE) announced today the pricing of its public offering of 17,000,000 units of its limited liability company interests at a price to the public of $35.95 per unit. The underwriters have an option to purchase up to an additional 2,550,000 units from the Company at the public offering price less the underwriting discount. The offering is expected to settle and close on January 19, 2012, subject to customary closing conditions.
The Company expects to receive net proceeds from the offering of approximately $586 million (or approximately $674 million if the underwriters exercise their option to purchase additional units in full). Net proceeds from the offering are expected to be used to repay a portion of the indebtedness outstanding under the Company’s revolving credit facility.
Wells Fargo Securities, BofA Merrill Lynch, Barclays Capital, Citigroup, Raymond James, RBC Capital Markets, UBS Investment Bank, Credit Suisse, Goldman Sachs & Co. and J.P. Morgan acted as joint book-running managers for the offering. A copy of the prospectus supplement and the base prospectus relating to the offering may be obtained from:
| Wells Fargo Securities Attn: Equity Syndicate Dept. 375 Park Avenue New York, NY 10152 Phone: (800) 326-5897 Email: cmclientsupport@wellsfargo.com
BofA Merrill Lynch Attn: Prospectus Department 4 World Financial Center New York, NY 10080 Email: dg.prospectus_requests@baml.com
Barclays Capital c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Phone: (888) 603-5847 Email: Barclaysprospectus@broadridge.com
Citigroup Attn: Prospectus Department Brooklyn Army Terminal 140 58th Street, 8th Floor Brooklyn, NY 11220 Phone: (800) 831-9146 Email: batprospectusdept@citi.com
Raymond James & Associates, Inc. Attn: Equity Syndicate 880 Carillon Parkway St. Petersburg, FL 33716 Phone: (800) 248-8863 |
RBC Capital Markets, LLC Attn: Equity Syndicate Three World Financial Center 200 Vesey Street, 8th Floor New York, NY 10281-8098 Phone: (877) 822-4089
UBS Investment Bank Attn: Prospectus Department 299 Park Avenue New York, NY 10171 Phone: (888) 827-7275
Credit Suisse Securities (USA) LLC Attn: Prospectus Department One Madison Avenue, 1B New York, NY 10010 Phone: (800) 221-1037
Goldman Sachs & Co. Attn: Prospectus Department 200 West Street New York, NY 10282 Phone: (866) 471-2526 Email: prospectus-ny@ny.email.gs.com
J.P. Morgan Securities LLC c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: (866) 803-9204 |
This press release does not constitute an offer to sell or a solicitation of an offer to buy units or any other securities, 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. The offering of these securities may be made only by means of the prospectus supplement and the related base prospectus.
This press release includes “forward-looking statements” within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include the Company’s plans to complete a public offering of units of its limited liability company interests and the use of proceeds therefrom. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, including market conditions, operational developments with respect to the Company and other factors described in the Company’s reports filed with the SEC. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.
| Contacts: | LINN ENERGY, LLC |
Investors:
Clay Jeansonne, Vice President – Investor Relations
281-840-4193
Media:
Paula Beasley, Manager, Public Affairs & Communications
281-840-4183