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S&P Places Rice Energy (RICE) on CreditWatch Positive

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Rice Energy Announces Pricing of Public Offering of Common Stock

September 26, 2016 8:12 PM EDT

CANONSBURG, Pa., Sept. 26, 2016 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) ("Rice Energy") today announced the pricing of an underwritten public offering of 40,000,000 shares of its common stock at a price to the public of $25.50 per share of common stock. In connection with the offering, Rice Energy granted the underwriters a 30-day option to purchase up to an additional 6,000,000 shares of its common stock. The offering is expected to close on September 30, 2016, subject to customary closing conditions.

Rice Energy intends to use... More