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CM - High-yield Comstock add-on brings debt load to $2.5B - June 2020

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Comstock Resources Inc. offered $500 million aggregate principal amount of 9.75% senior unsecured notes due 2026. The June 16 offering was upsized from an initially contemplated $400 million principal amount. The company said the new 2026 notes will have substantially identical terms to the $850 million of 9.75% senior notes due 2026 that it issued in August 2018, but will not trade interchangeably with the original notes because they were issued under a separate......
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