debt
confidence high
sentiment neutral
materiality 0.55
Diamondback closes tender for any-and-all 2051/2052 notes; ~$813M tendered
Diamondback Energy, Inc.
- $776.8M aggregate principal tendered by April 10 expiry; additional $35.9M via guaranteed delivery.
- Consideration: $825.60 per $1,000 for 2051 notes and $802.42 for 2052 notes, plus accrued interest.
- Settlement for non-guaranteed notes on April 13; guaranteed delivery notes due April 15.
- Tendered notes represent ~82% of the $991.7M total outstanding across both series.
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