Cimarex Increases Price of Offering
Cimarex Energy Co. has announced that it has priced an offering of $750 million aggregate principal amount of senior notes due 2024, which will carry an interest rate of 4.375%.
The size of the offering was increased from the previously announced $600 million. The notes were sold to the public at par. Cimarex intends to use the net proceeds from the offering to repay in full amounts outstanding under its revolving credit facility and for general corporate purposes.
Wells Fargo Securities, LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mitsubishi UFJ Securities (USA), Inc. and U.S. Bancorp Investments, Inc. have acted as joint book-running managers for the offering.
/Book Runner
VP, Production
Tulsa ,Oklahoma , 74103
918-585-1100
Exploration Manager Midcontinent
Denver ,Colorado ,80203-4518
918-585-1100
Senior Vice President - Business Development & Land
Denver ,Colorado ,80203-4518
303-295-3995
United States Related Financings
Announced Date | Title | Company | Value($MM) | Financing Type |
---|---|---|---|---|
2022-08-10 | Tidewater Inc. Prices $62.8 Million Public Stock Offering | Tidewater Inc. | 62.8 | Equity-Stock-Sales |
2021-03-18 | Par Pacific Taps Equity Markets for $80 Million | Par Pacific Holdings | 80 | Equity-Stock-Sales |
2021-03-08 | Cactus Inc. Stockholders Selling 5.5 Million Shares | Cactus Inc | 212 | Equity-Stock-Sales |
2020-06-10 | Brigham Minerals Prices $90MM Public Stock Offering | Brigham Minerals Inc. | 90.75 | Equity-Stock-Sales |