Viper Energy, Inc. has announced a significant financial maneuver involving the pricing of a $1.6 billion offering of senior notes. The notes comprise $500 million in 4.900% senior notes maturing on August 1, 2030, and $1.1 billion in 5.700% senior notes maturing on August 1, 2035. The company plans to use the net proceeds from this offering for general corporate purposes, including the redemption of existing senior notes and, contingent on the closing of a previously announced acquisition, the redemption of notes and repayment of borrowings related to Sitio Royalties Corp. The offering is expected to close on July 23, 2025, subject to customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viper Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-157855), on July 11, 2025, and is solely responsible for the information contained therein.