Loan & DebtApr 10, 2026, 03:53 PM
Diamondback Energy Prices Tender Offers for Senior Notes
AI Summary
Diamondback Energy, Inc. announced the pricing of its cash tender offers for its outstanding 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052. The consideration for the 2051 Notes is $825.60 per $1,000 principal amount, and for the 2052 Notes is $802.42 per $1,000 principal amount. The offers expire today, April 10, 2026, with the settlement date expected on April 13, 2026, including accrued interest.
Key Highlights
- Tender offer priced for 4.400% Senior Notes due 2051 ($386.4M outstanding).
- Consideration for 2051 Notes is $825.60 per $1,000 principal amount.
- Tender offer priced for 4.250% Senior Notes due 2052 ($605.3M outstanding).
- Consideration for 2052 Notes is $802.42 per $1,000 principal amount.
- Offers expire April 10, 2026, with settlement expected April 13, 2026.
Price Impact
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