---
schema_version: "secwatch.filing_event.v1"
accession: "0001602065-23-000076"
form_type: "8-K"
ticker: null
cik: "0001602065"
company_name: "VNOM Sub, Inc."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:46:21.800575+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Viper Energy closes $400M 7.375% Senior Notes due 2031; proceeds for pending acquisition

## Summary
- Issued $400M aggregate principal of 7.375% Senior Notes due November 1, 2031.
- Interest payable semi-annually on May 1 and Nov 1, first payment May 1, 2024.
- Proceeds loaned to operating subsidiary Viper Energy Partners LLC to fund portion of pending Permian Basin mineral acquisition.
- If pending acquisition not closed by Dec 29, 2023, Partnership must redeem all notes at initial offer price plus accrued interest.
- Notes are senior unsecured, rank pari passu with existing senior debt; parent Diamondback Energy not guaranteeing.

## SEC filing metadata
- accession: 0001602065-23-000076
- form_type: 8-K
- cik: 0001602065
- company_name: VNOM Sub, Inc.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000076/0001602065-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000076/vnom-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001602065-23-000076
- JSON: https://secwatch.observer/filing/0001602065-23-000076.json
- Plain text: https://secwatch.observer/filing/0001602065-23-000076.txt

## Key facts
- Debt Financings
  VNOM Sub, Inc. incurred senior notes of $400 million with qualified institutional buyers and non-U.S. persons at 7.375% per annum maturing November 1, 2031.
  - Instrument: senior notes
  - Principal: $400 million
  - Counterparty: qualified institutional buyers and non-U.S. persons
  - Rate: 7.375% per annum
  - Maturity: November 1, 2031
  - Event: incurrence
  source text: On October 19, 2023, Viper Energy Partners LP (the “Partnership”) completed its previously announced offering (the “Notes Offering”) of $400 million in aggregate principal amount of the Partnership’s 7.375% Senior Notes due 2031 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000076/0001602065-23-000076-index.htm
- Material Agreements
  VNOM Sub, Inc. entered into Indenture with Computershare Trust Company, National Association valued at $400 million (effective 2023-10-19).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, National Association
  - Value: $400 million
  - Effective: 2023-10-19
  source text: The Notes were issued under an indenture, dated as of October 19, 2023, among the Partnership, as issuer, the Operating Company, as guarantor, and Computershare Trust Company, National Association, as trustee (the “Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602065/000160206523000076/0001602065-23-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.