04:19 AM EDT, 03/12/2025 (MT Newswires) -- Aris Water Solutions ( ARIS ) said Tuesday its subsidiary Aris Water Holdings has priced at par an offering of $500 million of its 7.25% senior unsecured notes due April 1, 2030.
The offering, upsized from the initial $400 million, is expected to close March 25.
The company said it plans to use the net proceeds to redeem all of its outstanding 7.625% senior notes due 2026, to repay all the outstanding borrowings under its credit facility and for general corporate purposes.