Brief: Comstock Announces $600 Million Strategic Investment By Sixth Street In Pinnacle Gas Services
BRIEF-Comstock Announces $600 Million Strategic Investment By Sixth Street In Pinnacle Gas Services June 15 (Reuters) - Comstock Resources Inc CRK.N:
COMSTOCK ANNOUNCES $600 MILLION STRATEGIC INVESTMENT BY SIXTH STREET IN PINNACLE GAS SERVICES
COMSTOCK RESOURCES - SELLS MINORITY EQUITY INTEREST IN PINNACLE GAS SERVICES TO SIXTH STREET
COMSTOCK RESOURCES - SIXTH STREET INVESTS $600 MILLION FOR 27% EQUITY INTEREST IN PINNACLE
COMSTOCK RESOURCES - PINNACLE VALUED AT $2.2 BILLION ENTERPRISE VALUE IN SIXTH STREET DEAL
COMSTOCK RESOURCES - PROCEEDS USED TO RETIRE $445 MILLION PINNACLE PREFERRED EQUITY AND ALL OUTSTANDING INDEBTEDNESS
COMSTOCK RESOURCES - SIXTH STREET OWNERSHIP IN PINNACLE MAY DECREASE TO 19.5% UPON RETURN HURDLES
Source text: ID:nGNX8j4hz7
Further company coverage: CRK.N
((Reuters.Briefs@thomsonreuters.com;))
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