Loan & DebtApr 13, 2026, 09:06 AM
Diamondback Energy Tender Offers Expire; $776.76M Notes Tendered
AI Summary
Diamondback Energy announced the expiration and results of its tender offers for its 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052. By the April 10, 2026 expiration date, $776,763,000.00 aggregate principal amount of Notes were validly tendered. The company intends to accept and pay for these notes, with the settlement date for most notes expected on April 13, 2026, and for guaranteed delivery notes on April 15, 2026.
Key Highlights
- $776.76M aggregate principal amount of Notes validly tendered by Expiration Date.
- $282.86M of 4.400% Senior Notes due 2051 tendered.
- $493.91M of 4.250% Senior Notes due 2052 tendered.
- Consideration for 2051 Notes: $825.60 per $1,000 principal amount.
- Consideration for 2052 Notes: $802.42 per $1,000 principal amount.