RSP Permian Inc. - 2015-10-07
Description
Priced an upsized public offering of 7.6 million shares of its common stock, with an underwriters’ option of up to about 1.1 million additional shares, at $25.50 per share. Proceeds will be used to fund a portion of its possible acquisition in the Midland Basin. Remainder will be used for general corporate purposes, which may include funding its drilling and development program. Goldman, Sachs & Co. is sole underwriter.