Vital Energy (VTLE) Announces $100M Notes Offering
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Vital Energy Announces Offering of $100.0 Million of Senior Notes
April 1, 2024 7:33 AM EDTTULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (Vital Energy or the Company), today announced that it intends to offer (the Offering), subject to market and other conditions, $100.0 million in aggregate principal amount of 7.875% senior notes due 2032 (the senior notes) in a private placement to eligible purchasers. The Company intends to use the net proceeds from this offering, if completed, to repay or repurchase indebtedness, including in connection with the funding of the purchase for cash our 10.125% senior notes due 2028 and certain of our 9.750% senior notes due 2030 in the... More
