Basic Energy Services Announces Secondary Common Stock Offering

FORT WORTH, Texas, June 9, 2014 /PRNewswire/ — Basic Energy Services, Inc. (NYSE: BAS) (“Basic”) today announced the commencement of a secondary public offering of 6,000,000 shares of common stock on behalf of DLJ Merchant Banking Partners III, L.P. and related funds (the “Selling Stockholders”). Goldman, Sachs & Co. will act as underwriter for the offering. Goldman, Sachs & Co. is expected to be granted a 30-day option to purchase up to 900,000 additional shares from the Selling Stockholders. » Read More

June 9th, 2014|