Current RICE Stock Info

Rice Energy (ticker: RICE; RiceEnergy.com) has closed a financing agreement with EIG Global Energy Partners (“EIG”; www.EIGpartners.com).

EIG has agreed to a $500 million equity investment with Rice:  $375 million upfront in exchange for preferred equity and common units in Rice Midstream Holdings (“RMH”) and Rice Midstream GP Holdings, respectively.

The investment from EIG will generate increased liquidity to grow midstream business in the Utica shale and will simultaneously allow Rice Energy to fund their capital program in 2016 without...


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