debt
confidence high
sentiment neutral
materiality 0.75
Civitas Resources prices upsized $750M 9.625% senior notes due 2033
CIVITAS RESOURCES, INC.
- $750M aggregate principal amount of 9.625% senior unsecured notes due 2033 priced at par.
- Offering upsized; expected to close June 3, 2025, subject to customary conditions.
- Net proceeds to repay a portion of outstanding borrowings under revolving credit facility.
- Notes offered in private placement under Rule 144A and Regulation S; unregistered.
item 8.01item 9.01