RSP Permian Inc. - 2014-01-16

Priced its initial public offering of 20 million shares of common stock at $19.50 per share with an over-allotment option. Net proceeds will be used to repay its term loan, to pay certain investors, for employee bonuses, to reduce debt, and to fund its capital expenditure plan. Barclays, J.P. Morgan, Tudor, Pickering, Holt & Co., Raymond James, RBC Capital Markets, and UBS Investment Bank are joint book-running managers.