Civitas Resources, Inc. Announces Pricing of $1,350 Million of New Senior Notes Due 2028 and $1,350 Million of New Senior Notes Due 2031
Vinson & Elkins advised the initial purchasers in connection with the private offering (the “Offeringâ€) of $1,350 million in aggregate principal amount of 8.375% Senior Notes due 2028 and $1,350 million in aggregate principal amount of 8.750% Senior Notes due 2031 by Civitas Resources, Inc.
The Offering is expected to close on June 29, 2023, subject to customary closing conditions.
The Vinson & Elkins corporate team was led by partners Thomas Zentner and David Stone with assistance from counsel Caroline Bailey, senior associate Alex Lewis and associates David Smith, Taylor Kim, Cole Leveque, Waleed Vohra and Hope Kaady. Other key team members included partners Erec Winandy and Christopher Dewar, counsel Randy Aman and associate Alex Moosariparambil; partner Matt Dobbins and associate Ryan Vanderlip; and partner Wendy Salinas and associate Jeff Slusher.
