Civitas Resources (CIVI) Announces $500M Notes Offering
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Civitas Resources, Inc. Announces Offering of $500 Million of New Senior Notes Due 2032
May 29, 2025 8:56 AM EDTDENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (the Company) (NYSE: CIVI) today announced that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2032 (the Notes) in a private placement (the Offering) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the Securities Act). The Company expects to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under the Companys revolving credit facility.
The Notes to be offered will not be registered under the... More
