We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

PE-Backed Energy Developer WildHorse Launches $550M IPO

Law360, New York (December 1, 2016, 8:19 PM EST) -- Private-equity-backed oil and gas explorer WildHorse Resource Development set terms of a $550 million initial public offering Thursday, guided by Vinson & Elkins LLP, marking the latest energy developer to return to public capital markets.

Houston-based WildHorse, which has operations in Texas and Louisiana, plans to issue 27.5 million shares priced between $19 and $21, raising $550 million if shares price at midrange. Proceeds could rise to $632.5 million underwriters exercise an option to buy another 4.1 million shares.

WildHorse, formed in 2013 by its management...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.