| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 650.000 | 2 | Mar-23 | Sr. Unsecured | Ba1 | BBB- | BBB | Fixed | Tsy | T+100 a | T+80 a | 75 | 0.90% | 1 | 99.99000 |
| USD | 900.000 | 10 | Mar-31 | Sr. Unsecured | Ba1 | BBB- | BBB | Fixed | Tsy | T+175 a | T+150 a | 145 | 3.13% | -6 | 99.65900 |
| USD | 650.000 | 30 | Mar-51 | Sr. Unsecured | Ba1 | BBB- | BBB | Fixed | Tsy | T+225 a | T+200 a | 195 | 4.40% | -6 | 99.66900 |
Tranche Comments
2 yr: Book size: 2000; First Pay: 2021-09-24; Redemption: 2021-09-24; Registration: Registered; Comments: US$650m 0.90% cpn 2yr(3/24/23) at 99.99, yld .905%. Spread: T+75bp. CoC: 101%;
10 yr: Book size: 3800; First Pay: 2021-09-24; Redemption: 2030-12-24; Registration: Registered; Comments: US$900m 3.125% cpn 10yr(3/24/31) at 99.659, yld 3.165%. Spread: T+145bp. CoC: 101%;
30 yr: Book size: 3800; First Pay: 2021-09-24; Redemption: 2050-09-24; Registration: Registered; Comments: US$650m 4.40% cpn 30yr(3/24/51) at 99.669, yld 4.42%. Spread: T+195bp. CoC: 101%;
Guarantor(s)
Diamondback O&G LLC
Use of Proceeds
To fund the Tender Offer and general corporate purposes