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CM - Moss Creek Resources places $500MM in notes privately - May 2019
Moss Creek Resources Holdings, Inc. placed $500 million aggregate principal
amount of 10.5% senior unsecured notes due 2027 privately with qualified institutional
buyers in an April 26 sale under guidelines of Securities & Exchange Commission Rule
144A and Regulation S. The notes will initially be guaranteed by each of the company's
two subsidiaries, Moss Creek Resources, LLC and Surge Operating, LLC. Dallasbased MCRH, which is currently drilling in the Permian Basin, is a wholly owned
subsidiary of China’s Surge......
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