secwatch.observer — SEC 8-K summary
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Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001193125-23-292616
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources prices $500M additional 7% senior notes due 2032 to repay credit facility
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- Priced $500M aggregate principal of 7.000% senior notes due Jan 15, 2032 at 99.50% of par.
- Net proceeds expected ~$491.7M after discounts and expenses; used to repay credit facility and for general corporate purposes.
- Notes are additional issuance under existing indenture; will form single series with prior $500M notes.
- Offering expected to close December 13, 2023, subject to customary conditions.
- Notes unregistered, sold in private placement to QIBs and non-US persons under Rule 144A/Reg S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523292616/0001193125-23-292616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523292616/d636989d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-292616

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