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December 13, 2023 • 1-minute read
Vinson & Elkins served as issuer’s counsel in connection with its private placement of $500.0 million aggregate principal amount of 7.000% senior notes due 2032 (the “Notes”) by Permian Resources Operating, LLC (“the Issuer”).
The Issuer intends to use the net proceeds from this offering to repay all or a portion of the amounts outstanding under its credit facility and any remaining net proceeds for general corporate purposes. The offering closed on December 13, 2023.
The Vinson & Elkins team was led by partners Doug McWilliams, Jackson O’Maley and David Stone, with assistance from senior associate Alex Lewis and associates Delery Perret, John Frey, Patience Li, Farzin Khoshravan, Nate Richards and Chase Browndorf. Also advising were partner Wendy Salinas and associate Jeff Slusher; and partner Dario Mendoza and associates Cassandra Zarate and Eric Hechler.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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