debt
confidence high
sentiment neutral
materiality 0.60
Chord Energy issues $750M 6.000% senior notes due 2030 to fund XTO acquisition
Chord Energy Corp
- $750M aggregate principal of 6.000% senior unsecured notes due 2030 issued on Sept 30, 2025.
- Net proceeds to fund XTO Energy Williston Basin asset acquisition and general corporate purposes.
- Notes mature Oct 1, 2030; interest payable semiannually starting Apr 1, 2026.
- Special mandatory redemption if XTO Acquisition not closed by June 30, 2026 (extendable to Sept 30, 2026).
- Notes rank equally with other senior unsecured debt; subject to customary covenants and events of default.
item 1.01item 2.03item 9.01