Parsley Energy Inc.

Description

Priced a public offering of 36 million Class A common shares. Underwriters have 30-day option to purchase 5.4 million additional shares. Together with a portion of the net proceeds from the concurrent notes offering, the equity offering’s proceeds will fund the cash portion of the purchase price for the Double Eagle Energy Permian LLC acreage acquisition. Credit Suisse Securities (USA) LLC and Morgan Stanley are joint lead book-runners for the equity offering.

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Estimated Price
$1,116.0MM
Financing Type
Report Date