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Permian Resources' Tender Offer for 7.75% Senior Notes Due 2026 Expires
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Permian Resources' Tender Offer for 7.75% Senior Notes Due 2026 Expires
Aug 5, 2024 4:54 AM

07:32 AM EDT, 08/05/2024 (MT Newswires) -- Permian Resources ( PR ) said Monday that its cash tender offer to purchase any and all of Permian Resources Operating's outstanding 7.75% senior notes due 2026 expired Friday, with about 99.6% of the notes tendered.

The tendered notes exclude $878,000 principal amount of the notes that remain subject to the guaranteed delivery procedures, said the company.

Permian Resources ( PR ) said the tender offer is subject to certain conditions, including the completion of a concurrent notes offering, and there is no guarantee that any of the tendered notes will be purchased.

Price: 13.77, Change: -0.05, Percent Change: -0.36

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