Concho Resources Inc. - 2010-12-10

Priced an offering of senior unsecured notes due 2021. Concho plans to use the net proceeds to pay a portion of the outstanding balance under its $2-billion credit facility. J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., Credit Agricole Securities (USA) Inc. and Wells Fargo Securities LLC are joint book-running managers.