SM Energy Co.


Priced an offering of its 6.500% senior unsecured notes due 2028 upsized from the previously announced offering size of $350 million to be issued at par. Proceeds will be used to fund a cash tender offer for all of outstanding 6.125% senior notes due 2022 and a portion of outstanding 5.00% senior notes due 2024. If tender offer is not consummated or subscribed in full, proceeds will be used for general corporate purposes, which may include the repurchase or redemption, as applicable, of some or all of the tender offer notes. BofA Securities, J.P. Morgan, Wells Fargo Securities, Goldman Sachs & Co. LLC and RBC Capital Markets are joint book-running managers.

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