RSP Permian Inc. - 2014-01-23

Closed its initial public offering of 23 million shares of common stock sold at $19.50 per share with a fully exercised 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 were joint book-running managers.