Form 8-K Parsley Energy, Inc. For: Apr 04

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Parsley Energy (PE) Prices Larger 18.25M Stock Offering for Proceeds of $390.6M

April 5, 2016 6:36 AM EDT

Parsley Energy, Inc. (NYSE: PE) announced that it has priced an underwritten, upsized public offering of 18,250,000 shares of Class A common stock for total gross proceeds (before underwriters fees and estimated expenses) of approximately $390.6 million. The 18,250,000 share offering represents a 2,250,000 share upsize to the originally proposed 16,000,000 share offering. The underwriters have an option for 30 days to purchase up to an additional 2,737,500 shares of... More