Parsley Energy LLC
Description
Priced upsized public offering of about 7.25 million Class A common shares. Offer was upsized by 250,000 shares. Underwriters granted 30-day option to purchase about 1 million additional shares. Together with the net proceeds from the concurrent notes offering, the net proceeds will support the acquisition of oil and gas interests in Glasscock County, Texas. J.P. Morgan Securities LLC is sole lead book-runner.