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Vanguard Natural Resources (VNR) -4.4% AH after announcing a public offering of 7M common units....

Vanguard Natural Resources (VNR) -4.4% AH after announcing a public offering of 7M common units. VNR intends to use net proceeds to repay part of its indebtedness outstanding under its senior secured revolving credit facility.
Comments (1)
  • jondanl
    , contributor
    Comments (3) | Send Message
     
    Does this replacement of debt with dilution of shares make a current investment more or less valuable?
    30 May 2013, 08:39 AM Reply Like
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