Atlas Resource Partners today completed an offering of senior notes via bookrunners J.P. Morgan, Citi, Wells Fargo, Deutsche Bank, and Bank of America, according to sources. Terms were finalized at the wide end of guidance after a $25 million upsizing. Proceeds from the deal will be used to repay an existing term loan and a portion of the company’s revolver borrowings, sources note. Issuance comes at Atlas Energy Holdings Operating and Atlas Resource Finance. Atlas Resource Partners is an oil-and-gas exploration-and-production limited partnership focused on production primarily in Appalachia and the Barnett Shale in Texas. Terms:
| Issuer | Atlas Energy Holdings Operating/Atlas Resource Finance |
| Ratings | B-/Caa1 |
| Amount | $275 million |
| Issue | senior notes (144A) |
| Coupon | 7.75% |
| Price | 100 |
| Yield | 7.75% |
| Spread | T+634 |
| FRN eq. | L+624 |
| Maturity | Jan. 15, 2021 |
| Call | nc4 |
| Trade | Jan. 16, 2013 |
| Settle | Jan. 23, 2013 (T+4) |
| Joint Bookrunners | JPM/Citi/WF/DB/BAML |
| Co-leads | |
| Co’s. | |
| Px talk | 7.5-7.75% |
| Notes | upsized by $25 million. |