secwatch / observer
8-K filed October 28, 2022, 7:59 PM ET ticker FANG CIK 0001539838
debt confidence high sentiment neutral materiality 0.60

Diamondback Energy, Inc. (FANG): debt financing — Diamondback Energy completes $1.1B offering of 6.250% notes due 2033

Diamondback Energy, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Diamondback Energy, Inc. incurred senior notes of $1,100,000,000 with Computershare Trust Company, National Association at 6.250% maturing due 2033.

Instrument
senior notes
Principal
$1,100,000,000
Counterparty
Computershare Trust Company, National Association
Rate
6.250%
Maturity
due 2033
Event
incurrence
Exact text from the filing
On October 28, 2022, Diamondback Energy, Inc. (the “Company”) completed its previously announced underwritten public offering (the “New Notes Offering”) of $1,100,000,000 aggregate principal amount of the Company’s 6.250% Notes due 2033 (the “New Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Diamondback Energy, Inc. entered into Indenture (Base Indenture dated December 5, 2019, as supplemented by Sixth Supplemental Indenture dated October 28, 2022) with Wells Fargo Bank, National Association; Computershare Trust Company, National Association valued at $1,100,000,000 aggregate principal amount of 6.250% Notes due 2033 (effective 2022-10-28).

Action
entry
Agreement
notes offering
Counterparty
Wells Fargo Bank, National Association; Computershare Trust Company, National Association
Value
$1,100,000,000 aggregate principal amount of 6.250% Notes due 2033
Effective
2022-10-28
Exact text from the filing
On October 28, 2022, the New Notes were issued pursuant to the Indenture (the “Base Indenture”), dated as of December 5, 2019, between the Company and Wells Fargo Bank, National Association (“Wells Fargo”), as trustee, as supplemented by the Sixth Supplemental Indenture, dated as of October 28, 2022 (the “Sixth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, Diamondback E&P LLC (the “Guarantor”), as guarantor, and Computershare Trust Company, National Association, as successor trustee to Wells Fargo, setting forth specific terms applicable to the New Notes.
View on SEC.gov

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Diamondback Energy, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-22-112432
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