Diamondback Energy prices $650M senior notes
Diamondback Energy (NASDAQ:FANG) on Tuesday priced an offering of $650 millionÂ 6.250% senior notes due March 15, 2053.
The price to the public for the notes is 99.985% of the principal amount.
The company intends to use the net proceeds from the notes offering for general corporate purposes.
The notes offering is expected to close on December 13, 2022, subject to customary closing conditions.
TD Securities (USA) LLC, Citigroup Global Markets Inc. and Truist Securities, Inc. have served as joint book-running managers for the notes offering.