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Comstock Resources closes deal with Jerry Jones, completes refinancing plan

Aug. 15, 2018 2:47 PM ETComstock Resources, Inc. (CRK) StockCRKBy: Carl Surran, SA News Editor
  • Comstock Resources (CRK -2.8%) says it has closed the previously announced contribution of oil and gas properties from entities owned by businessman Jerry Jones in exchange for ~88.6M of its common shares.
  • CRK also says it completed a comprehensive refinancing plan, which included a cash tender offer for all outstanding senior notes, a redemption of any untendered senior notes and the closing of a new bank credit facility.

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