PDC Energy Launches $150 Million Tack-on Senior Notes Offering
The Company intends to use the net proceeds from the offering for general corporate purposes, which may initially include repayment of amounts outstanding under its revolving credit facility.
The offering is being made pursuant to an effective shelf registration statement. The offering may be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by sending a request to:
Attn: Prospectus Department
This press release shall 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 of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Statements in this press release related to the Company's public offering of senior notes, including the use of proceeds from the offering, and all other statements other than statements of historical fact, are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from the forward-looking statements. PDC urges you to carefully review and consider the cautionary statements made in this press release, the Item 1-A Risk Factors in the 2019 Annual Report on Form 10-K for the year ended
Sr. Manager Corporate Finance & Investor Relations
Source: PDC Energy, Inc.