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Diamondback Energy Prices Upsized $300 Million Tack-On Offering of Senior Notes

DIAMONDBACK ENERGY INC (FANG)  More Company Research Source: GlobeNewswire
Last diamondback energy inc earnings: 5/8 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
PDF MIDLAND, Texas, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”) announced today that it has priced an offering of $300.0 million aggregate principal amount of its 5.375% Senior Notes due 2025 (the “New Notes”), representing a $50.0 million upsize from the previously announced size of the offering, at an issue price of 104.0% of the aggregate principal amount of the New Notes (the “Tack-On Offering”). The New Notes will mature on May 31, 2025, unless redeemed in accordance with their terms prior to such date. The New Notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The New Notes will be issued as additional securities under the indenture, dated as of December 20, 2016 (the “Indenture”), under which the Company issued $500.0 million aggregate principal amount of [Read more]

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