AUSTIN, Texas--(BUSINESS WIRE)--
Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company")
announced today the pricing of an underwritten public offering of
7,500,000 shares of its Class A common stock at $10.25 per share. The
Company has granted the underwriters an option to purchase up to an
additional 1,125,000 shares of Class A common stock.
The Company intends to use the net proceeds from the offering to repay
outstanding borrowings under its revolving credit facility.
Barclays Capital Inc., J.P. Morgan Securities LLC and Tudor, Pickering,
Holt & Co. Securities, Inc. are acting as joint book-running managers
for the offering. When available, copies of the prospectus supplement
for the offering may be obtained on the website of the Securities and
Exchange Commission ("SEC"), www.sec.gov,
or by contacting the underwriters as follows:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155
Long Island Avenue
Edgewood, NY 11717|
[email protected]
Telephone:
1 (888) 603-5847
J.P. Morgan Securities LLC
Attn: Broadridge Financial Solutions
1155
Long Island Avenue
Edgewood, NY 11717
Telephone: 1 (866) 803-
9204
Tudor, Pickering, Holt & Co.Securities, Inc.
Attn: Prospectus
Department
1111 Bagby St. #4900
Houston, TX 77002
[email protected]
Telephone:
(713) 333-7100
The common stock will be issued and sold pursuant to an effective shelf
registration statement on Form S-3 previously filed with the SEC.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy common stock 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 a prospectus and related prospectus supplement meeting the
requirements of Section 10 of the Securities Act of 1933, as amended
(the "Securities Act").
About Jones Energy
Jones Energy, Inc. is an independent oil and natural gas company engaged
in the development and acquisition of oil and natural gas properties in
the Anadarko and Arkoma basins of Texas and Oklahoma.
Source: Jones Energy, Inc.