08:48 AM EDT, 04/01/2024 (MT Newswires) -- Vital Energy ( VTLE ) said Monday it plans to offer $100 million in 7.875% senior notes due 2032 in a private placement to eligible purchasers.

The company said it intends to use net proceeds from this offering to pay down debt or for general corporate purposes.

The offering is connected to a March 28 issue of $800 million of 7.875% notes due 2032.

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