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SWIFT ENERGY COMPANY NEWS
SWIFT ENERGY ANNOUNCES PUBLIC OFFERING OF
SENIOR
SUBORDINATED NOTES
HOUSTON, April 2, 2002 - Swift Energy Company (NYSE, PCX: SFY) today announced that it intends to offer and sell $150 million of senior
subordinated notes in a public offering. The offering is expected to be
completed by mid-April 2002. Credit Suisse First Boston, Bank One Capital
Markets, Inc., CIBC World Markets, A.G. Edwards & Sons, Inc., Friedman
Billings Ramsey, Jefferies & Company, Inc., JPMorgan, Morgan Stanley and
UBS Warburg will be co-managers of the underwriting syndicate offering the
notes to the public. The Company made a filing today with the Securities and
Exchange Commission relating to this offering, under the Company’s $350
million July 2001 effective shelf registration statement.
Swift Energy Company, founded in 1979, engages in developing, exploring,
acquiring, and operating oil and gas properties, with a focus on onshore oil
and natural gas reserves in Texas and Louisiana and onshore oil and natural
gas reserves in New Zealand.
This news release does not constitute an offer to sell or a solicitation of
an offer to buy the notes. When available, a prospectus supplement and
accompanying prospectus relating to the offering described herein can be
obtained from Credit Suisse First Boston Corporation at 11 Madison Avenue, New
York, NY 10010.
This material includes “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The opinions, forecasts,
projections, or other statements other than statements of historical fact, are
forward-looking statements. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable, it
can give no assurance that such expectations will prove to have been correct.
Certain risks and uncertainties inherent in the Company’s business are set
forth in the filings of the Company with the Securities and Exchange
Commission.
16825 Northchase Drive, Suite 400, Houston, Texas 77060
http://www.swiftenergy.com
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