LandBridge Co LLC (LB): debt financing — LandBridge subsidiary closes $500M 6.25% senior notes due 2030, to refinance existing debt

LandBridge Co LLC

DBR Land Holdings issued $500M of 6.250% Senior Notes due 2030 in a private placement.
Net proceeds plus revolver borrowings will repay existing credit facility ($370.2M outstanding as of Sep 30, 2025).
Notes are senior unsecured, guaranteed by existing subsidiaries, redeemable at 106.25% before Dec 2027.
Notes sold under Rule 144A/Reg S; not registered under Securities Act.
Change-of-control put at 101% if downgrade by two rating agencies occurs.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LandBridge Co LLC incurred senior notes of $500 million with UMB Bank, N.A. (as trustee) at 6.250% maturing 2030.

Instrument: senior notes
Principal: $500 million
Counterparty: UMB Bank, N.A. (as trustee)
Rate: 6.250%
Maturity: 2030
Event: incurrence

Exact text from the filing

On November 25, 2025, DBR Land Holdings LLC (the “Issuer”), a subsidiary of LandBridge Company LLC (the “Company”), completed the previously announced private placement (the “Offering”) of $500 million aggregate principal amount of 6.250% Senior Notes due 2030 (the “Notes”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

LandBridge Co LLC entered into Indenture with UMB Bank, N.A. valued at $500 million aggregate principal amount of 6.250% Senior Notes due 2030 (effective 2025-11-25).

Action: entry
Agreement: notes offering
Counterparty: UMB Bank, N.A.
Value: $500 million aggregate principal amount of 6.250% Senior Notes due 2030
Effective: 2025-11-25

Exact text from the filing

On November 25, 2025, DBR Land Holdings LLC (the “Issuer”), a subsidiary of LandBridge Company LLC (the “Company”), completed the previously announced private placement (the “Offering”) of $500 million aggregate principal amount of 6.250% Senior Notes due 2030 (the “Notes”).

View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

LandBridge Co LLC filing history →

Source: SEC EDGAR

accession 0001193125-25-297002

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