debt
confidence high
sentiment neutral
materiality 0.70
Chord Energy upsizes senior notes offering to $750M at 6.000%, due 2030, to fund XTO acquisition
Chord Energy Corp
- Priced $750M aggregate principal of 6.000% senior unsecured notes due 2030, upsized from $500M.
- Expected net proceeds ~$739.6M; closing on Sept 30, 2025.
- Proceeds to fund XTO acquisition consideration, fees, and general corporate purposes including revolver repayment.
- Notes subject to special mandatory redemption if XTO acquisition not closed by June 30, 2026 (or extended to Sept 30, 2026).
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