WPX Energy Inc.
Description
WPX Energy has priced its public offering of $600 million of its 5.250% senior notes due 2027.
The notes were priced at 100.000% of par. The offering was upsized from the previously announced $500 million aggregate principal amount and is expected to close on Sept. 24, 2019, subject to customary closing conditions.
The net proceeds from the offering will be approximately $592.5 million after deducting underwriting discounts and commissions and before estimated offering expenses payable by WPX.