trending Market Intelligence /marketintelligence/en/news-insights/trending/tfzoyn1h_7c9irpzqvwkpq2 content esgSubNav
In This List

Concho completes $1.6B offering to help fund RSP Permian deal

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024

Podcast

IR in Focus | Episode 10: Capital Markets Outlook

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook


Concho completes $1.6B offering to help fund RSP Permian deal

Concho Resources Inc. closed on July 2 its public offering of senior notes totaling $1.6 billion, the proceeds of which would be used to fund its pending $9.5 billion acquisition of RSP Permian Inc.

The offering was composed of $1 billion of 4.3% senior notes due 2028 and $600 million of 4.85% senior notes due 2048. The 2028 notes are due to mature on Aug. 15, 2028, while the maturity date for the 2048 notes is Aug. 15, 2048.

Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo Securities acted as joint book running managers for the offering.