Permian Resources Operating LLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0008Jan-32Sr. UnsecuredB1BB-BBFixedTsy-99.25-99.752957.00%-99.50000
Tranche Comments
8 yr: Redemption: 2027-01-15; Registration: 144A/Reg S; Comments: US$500m add-on to the 7% 1/15/32 at 99.50, ytm 7.082%, Spread: T+295bp. Settlement: 12/13/23. Equity Claw: Up to 40% of the Notes at 107% of par with proceeds of an equity issuance. January 15, 2027 (MWC T+50). Call Schedule: 01/15/2027 103.50, 1/15/28 101.75, 1/15/29 and thereafter 100. CoC: 101%;
Deal Comments
US$500m tap of USD500m 7.00% due 1/15/32
Use of Proceeds
Repay outstanding amounts and general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VZQ955.0005.5Invalid dateQwttynX2GG-UU-TiamjCeoGfy 7o6.875-7.125%2687.00%-778.00000
Tranche Comments
8.3 gs: First Pay: 2024-01-15; Redemption: 2027-01-15; Registration: 144A/Dzc T; Comments: RZ$500d 7.00% mcy 8.3sz (1/15/32) dy 100, slx 7.00%. Zczbdxp Q+268rc. Qvnjys Cldsrdmmp Rc yq 40% dy 107%. FXC Q+50rc. Cdll Zmbbxnlbp 1/15/27 103.50, 1/15/28 101.75, 1/15/29 dyx ybbzbddybz 100. Zbyylbdbyyp 9/12/23. CqCp 101%;
Use of Proceeds
R&G

B&I

BWICS & Inventory

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TRACE

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Research