WASHINGTON (dpa-AFX) - Oil and natural gas company WildHorse Resource Development has filed its initial public offering expecting to raise up to $650 million.
The company plans to list stock on the New York Stock Exchange under the symbol 'WRD'. WildHorse expects to use the proceeds from the offering to fund the remaining portion of the Burleson North acquisition.
The company did not mention the size of the offering. Barclays, Bofa Merrill Lynch, BMO Capital Markets, Citigroup and Wells Fargo Securities are the lead underwriters.
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