SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (“Southwestern Energy”) (NYSE: SWN) today announced that it is commencing, subject to market conditions, a registered underwritten public offering (the “Offering”) of $350 million aggregate principal amount of senior notes due 2028 (the “Notes”).

Southwestern Energy intends to use the net proceeds from the Offering, together with the net proceeds received from its recent common stock offering and borrowings under its credit agreement, to fund a redemption of Montage Resource Corporation’s (“Montage”) issued and outstanding Senior Notes (the “Montage Notes”) that it will assume upon the closing of its recently announced merger with Montage (the “Merger”).

Citigroup, BofA Securities and Wells Fargo Securities are acting as representatives of the underwriters and joint book-running managers for the Offering. The Offering is

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