Diamondback Energy Inc.
Description
Priced a public offering of 2023, 2031 and 2051 notes at 99.990%, 99.659% and 99.669% of the principal amounts, respectively. Proceeds will be used (i) for the tender offers of any and all outstanding 2025 notes and any and all of outstanding QEP Resources notes due 2022, 2023 and 2026 and to pay any applicable premiums therefor, the accrued and unpaid interest thereon and fees and expenses of the tender offers and the related consent solicitations and (ii) for general corporate purposes. Goldman Sachs & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are joint book-running managers.