Viper Energy Partners LP
Description
The Diamondback Energy Inc. subsidiary priced an upsized public offering of 8.5 million common units representing limited partner interests. Underwriters have a 30-day option to purchase about 1.27 million additional units. Net proceeds will repay outstanding borrowings under Viper’s revolving credit facility and support general partnership purposes. Credit Suisse, Citigroup and UBS Investment Bank are joint book-running managers.