trending Market Intelligence /marketintelligence/en/news-insights/trending/pihEVc5_G8j5JRYgpbzeXQ2 content esgSubNav
Discover more about S&P Global’s offerings
In This List

Devon Energy grosses $849.6 million from debt offering
Case Study

An Alternative Investment Team Harnesses Textual Data Analytics to Find New Sources of Alpha

Blog

Analyzing Sentiment in Quarterly Earnings Calls — Q3 2023

Video

Battery metals - unbated long term need for supply security despite short-term headwinds

Podcast

Street Talk | Episode 116: Early remediation, not Basel III endgame, the answer to avoid repeat of spring 2023 bank failures


Devon Energy grosses $849.6 million from debt offering

Devon Energy Corp. raised gross proceeds of $849.6 million from an offering of 5.850% senior unsecured notes due Dec. 15, 2025.

The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, and acquisitions or investments.

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc. and Morgan Stanley & Co. LLC were the lead underwriters.

Barclays Capital Inc., BMO Capital Markets Corp., CIBC World Markets Corp., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets LLC, Scotia Capital (USA) Inc., U.S. Bancorp Investments Inc., UBS Securities LLC and Wells Fargo Securities LLC also served as underwriters for the offering.