Mach to Sell Additional Common Units to Fund A&D
Mach Natural Resources announced that the underwriters of its public offering of 7.27 million units have exercised an option to purchase an additional 1 million common units at $16.50 per unit.
Diamondback to Sell $2.2B in Shares Held by Endeavor Stockholders
Diamondback Energy, which closed its $26 billion merger with Endeavor Energy Resources on Sept. 13, said the gross proceeds from the share’s sale will be approximately $2.2 billion.
Mach Units Fall 12% After Announcing Offering to Finance M&A Deals
Mach Natural Resources (MNR) units are trading down over 12% after announcing plans to sell 7.85 million common units to fund two pending acquisitions in the Midcontinent.
Crescent Prices Additional Private Placement on Senior Notes Due 2033
Crescent Energy said it intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility.
CSW Increases Common Stock Offering to Repay Debt
CSW Industries increased its offering of common stock from 1 million shares to 1.1 million shares at $285 per share.
Affiliates of Oxy to Sell Western Midstream Common Units
Western Midstream Partners announced the pricing of the underwritten secondary public offering of its common units.
Archrock Offers $500 Million in Secure Notes for TOPS Deal
Archrock is raising debt and selling equity to pay for its $983 million acquisition of Total Operations and Productions Services.
Plains All American Prices Public Offering of $650MM Senior Notes
Plains All American Pipeline plans to use approximately $643.3 million of the net proceeds from the offer to repay a portion of the $750 million outstanding principal amount of its 3.6% senior notes due 2024.
Crescent to Offer $750MM in Senior Notes to Settle SilverBow Debt
Crescent Energy intends to use the proceeds to fund the cash portion of its merger with SilverBow Resources and to repay SilverBow’s outstanding debt at the time of the transaction’s closing.
Baytex Prices Upsized Private Placement of Senior Notes
Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.