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SubscribeOklahoma City, Oklahoma, October 8, 2020 (PR Newswire) – Ascent Resources Utica Holdings, LLC (“Ascent”, the “Company” or “our”) and ARU Finance Corporation (together with the Company, the “Issuers”) today announced the expiration and final results of their previously announced (i) offer to exchange (the “Exchange Offer”) their outstanding 10.0% Senior Notes due 2022 (the “Old Notes”) for a combination of new Second Lien Term Loans with a maturity date of November 1, 2025 (the “New Term Loans”) and new 9.0% Senior Notes due 2027 (the “New Notes” and, together with the New Term Loans, the “New Debt”) and (ii) related Consent Solicitation (as defined below).
Read More →Oklahoma City, Oklahoma, September 23, 2020 (PR Newswire) – Ascent Resources Utica Holdings, LLC (“Ascent”, the “Company” or “our”) today announced the results, as of the Early Tender Deadline (as defined below), of its previously announced offer to exchange (the “Exchange Offer”) its outstanding 10.0% Senior Notes due 2022 (the “Old Notes”) at par for a combination of new Second Lien Term Loans with a maturity date of November 1, 2025 (the “New Term Loans”) and new 9.0% Senior Notes due 2027 (the “New Notes” and, together with the New Term Loans, the “New Debt”).
Read More →Oklahoma City, Oklahoma, September 10, 2020 (PR Newswire) – Ascent Resources Utica Holdings, LLC (“Ascent”, the “Company” or “our”) today announced it, with its wholly-owned subsidiary, ARU Finance Corporation (“Finco”), has commenced an offer to each Eligible Holder (as defined below) of their 10.0% Senior Notes due 2022 (the “Old Notes”) to exchange their Old Notes (the “Exchange Offer”) pursuant to the options set forth below, in each case upon the terms and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated September 10, 2020 (the “Offering Documents”).
Read More →Oklahoma City, Oklahoma, August 12, 2020 (PR Newswire) – Ascent Resources Utica Holdings, LLC (“Ascent”, the "Company" "we" or "our") today reported its second quarter 2020 operating and financial results and reiterated full year 2020 guidance. In addition, Ascent announced a conference call with analysts and investors scheduled for 9 AM CDT / 10 AM EDT, Thursday, August 13, 2020.
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