February 5, 2018 / 9:56 PM / 3 months ago

BRIEF-Jones Energy Announces Proposed Offering Of Senior Secured First Lien Notes

Feb 5 (Reuters) - Jones Energy Inc:

* JONES ENERGY ANNOUNCES PROPOSED OFFERING OF SENIOR SECURED FIRST LIEN NOTES

* JONES ENERGY INC - UNITS PLAN TO OFFER, $450 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED FIRST LIEN NOTES DUE 2023​

* JONES ENERGY - TO USE NET PROCEEDS TO REPAY BORROWINGS UNDER UNIT’S SENIOR SECURED REVOLVING CREDIT FACILITY, REDUCE BORROWING BASE TO $50 MILLION Source text for Eikon: Further company coverage:

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