Secondary Offering
Plains All American Prices Public Offering of $650MM Senior Notes
Plains All American Pipeline plans to use approximately $643.3 million of the net proceeds from the offer to repay a portion of the $750 million outstanding principal amount of its 3.6% senior notes due 2024.
Crescent to Offer $750MM in Senior Notes to Settle SilverBow Debt
Crescent Energy intends to use the proceeds to fund the cash portion of its merger with SilverBow Resources and to repay SilverBow’s outstanding debt at the time of the transaction’s closing.
Baytex Prices Upsized Private Placement of Senior Notes
Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.
Viper Energy Announces Pricing of Diamondback’s Secondary Common Stock Offering
Viper Energy will not receive any of the gross proceeds from Diamondback’s secondary offering of its Class A common stock.
Stockholder Groups to Sell 48.5MM of Permian Resources’ Stock
A number of private equity firms will sell about 48.5 million shares of Permian Resources Corp.’s Class A common stock valued at about $764 million.
Hess Midstream Announces 10 Million Share Secondary Offering
Global Infrastructure Partners, a Hess Midstream affiliate, will act as the selling shareholder and Hess Midstream will not receive proceeds from the public offering of shares.
Talos Energy to Offer 30 Million Shares of Stock to Pay for M&A
Proceeds from Talos Energy’s secondary offering will be used to help pay its recently announced acquisition of QuarterNorth Energy.
EQT Prices $750MM of New Senior Notes for Tug Hill Acquisition
EQT plans to offer 5.75% senior notes to repay some borrowings used in the acquisition of Tug Hill and XcL Midstream, the company said.
Permian Resources Offers Announced Stock Offering
Permian Resources will not receive proceeds from the stock offering.
SilverBow Offers Shares to Fund $700MM Chesapeake Deal
SilverBow Resources is offering three million shares of its common stock to fund its pending acquisition of Chesapeake Energy Corp. ’s oil and gas assets in south Texas.