debt
confidence high
sentiment positive
materiality 0.55
Permian Resources completes tender offer for 99.57% of 7.75% Sr Notes due 2026
Permian Resources Corp
- $298.7M (99.57%) of outstanding Notes validly tendered; purchase price $1,014.67 per $1,000 plus accrued interest.
- Settlement on August 8, 2024; purchased Notes to be retired.
- Remaining ~$878K subject to guaranteed delivery; all unpurchased Notes to be redeemed on/about Feb 15, 2025 at par.
- Tender offer conditioned on completion of a contemporaneous notes offering by OpCo.