Diamondback Energy Inc. - 2013-08-14

Description

Priced an underwritten public offering of 4 million shares of its common stock with an option to purchase additional shares at $40.25 per share. Net proceeds will be used to fund pending acquisitions of additional Permian Basin acreage and for general corporate purposes. Credit Suisse Securities (USA) LLC is sole book-running manager.

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Estimated Price
$185.1MM
Financing Type
Report Date