WPX Energy Inc.
Description
Priced a public offering of $500 million of 5.875% senior notes due 2028 at 100% of par. Proceeds will be used to fund previously announced cash tender offers for outstanding 2022, 2023 and 2024 notes. Any excess proceeds will be used for general corporate purposes, which may include the repayment or redemption of outstanding indebtedness. Wells Fargo Securities LLC, BofA Securities Inc. and TD Securities (USA) LLC are lead book-running managers.