Senior Notes due 2035

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Viper Energy Partners Prices Offering of $1.6 billion of Senior Notes
Globenewswire· 2025-07-09 20:35
Core Viewpoint - Viper Energy, Inc. has announced a significant Notes Offering totaling $1.6 billion, which includes two series of senior notes with different maturities and interest rates, aimed at refinancing existing debt and supporting potential acquisitions [1][3]. Group 1: Notes Offering Details - The offering consists of $500 million in 4.900% senior notes maturing on August 1, 2030, and $1.1 billion in 5.700% senior notes maturing on August 1, 2035 [1]. - The public pricing for the 2030 Notes is set at 99.902% of the principal amount, while the 2035 Notes are priced at 99.636% [1]. - The expected closing date for the Notes Offering is July 23, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the Notes Offering will be utilized for general corporate purposes, including redeeming existing senior notes and potentially repaying borrowings related to the acquisition of Sitio Royalties Corp. [3]. - Specifically, the proceeds will be used to redeem Viper Energy's 7.375% senior notes due 2031 and 5.375% senior notes due 2027, as well as Sitio's 7.875% senior notes due 2028 if the acquisition closes [3]. Group 3: Company Overview - Viper Energy, Inc. is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin [7].
WASTE CONNECTIONS ANNOUNCES PRICING OF $500 MILLION OF SENIOR NOTES
Prnewswire· 2025-05-28 20:38
Core Viewpoint - Waste Connections, Inc. has announced a public offering of $500 million in senior notes with a 5.25% interest rate, set to close on June 4, 2025, primarily to repay existing borrowings [1][2]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of 5.25% Senior Notes due 2035, priced at 99.874% of their face value [1]. - Net proceeds from the offering are expected to be approximately $495 million after deducting underwriting fees and estimated expenses [1]. - The offering is being managed by BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities [2]. Group 2: Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving around nine million customers across 46 U.S. states and six Canadian provinces [4]. - The company also engages in resource recovery through recycling and renewable fuels generation, and offers non-hazardous oilfield waste treatment services [4]. - Waste Connections emphasizes its Environmental, Social, and Governance (ESG) initiatives as essential to its long-term value creation strategy [4].
Northrop Grumman Prices $1.0 Billion Debt Offering
Globenewswire· 2025-05-27 21:12
Core Viewpoint - Northrop Grumman Corporation has announced a $1.0 billion public offering of senior unsecured notes, aimed at general corporate purposes including debt repayment, share repurchases, and working capital [1]. Group 1: Offering Details - The offering consists of $500 million of 4.650% senior notes due 2030 and $500 million of 5.250% senior notes due 2035 [6]. - The expected closing date for the offering is May 29, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, which may include repayment of existing senior notes with interest rates of 7.875% and 7.750% due in 2026 [1].