Gastar Exploratio a Aktie
WKN DE: A1J0Y1 / ISIN: US36729P2074
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06.11.2013 18:13:00
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Gastar Exploration USA, Inc. -- Moody's rates Gastar's add-on senior notes Caa2
New York, November 06, 2013 -- Moody's Investors Service assigned a Caa2 rating to Gastar Exploration USA, Inc.'s (Gastar) announced $125 million add-on senior note offering. Proceeds from the notes, concurrent with a preferred stock offering of 2.14 million shares (roughly $53.5 million) will be used to finance its acquisition of assets in the Mid-Continent (West Edmond Hunton Lime Unit, or WEHLU) for $187.5 million. Gastar's other ratings are unchanged and the outlook remains positive.
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