Parsley Energy Inc. - 2015-12-09
Priced an upsized, underwritten public offering of about 11.2 million shares of Class A common stock at $18 per share. Underwriters have been granted an option to purchase additional share. Proceeds will be used to fund the $148.5 million acquisition in the Midland Basin. The balance will be used to fund a portion of its capital program and general corporate purposes. Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC are underwriters.