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Diamondback Energy, Inc. Announces Results of Tender Offers for Any and All of its Outstanding 4.400% Senior Notes due 2051 and 4.250% Senior Notes due 2052
MIDLAND, Texas, April 13, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (the “Company” or “Diamondback”) today announced the expiration and
About this update from Diamondback Energy, Inc.
[{"type":"text","content":"MIDLAND, Texas, April 13, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (the “Company” or “Diamondback”) today announced the expiration and results of its tender offers to purchase for cash any and all of its outstanding 4.400% Senior Notes due 2051 (the “2051 Notes”) and 4.250% Senior Notes due 2052 (the “2052 Notes” and together with the 2051 Notes, the “Notes”). The tender offers (the “Offers”) were made under the Offer to Purchase, dated April 6, 2026 (as may be amended or supplemented from time to time, the “Offer to Purchase”), and its accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery”). Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase. The Offers expired at 5:00 p.m., New York City time, on April 10, 2026 (the “Expiration Date”). According to information provided by D.F. King & Co., Inc., the Tender and Information Agent for the Offers, $776,763,000.00 aggregate principal amount of Notes were validly tendered by the Expiration Date and not validly withdrawn. This amount excludes $35,919,000.00 aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery under the guaranteed delivery procedures specified in the Offer to Purchase (the “Guaranteed Delivery Procedures”) that were submitted by the Expiration Date, all of which remain subject to performance of the delivery requirements under the Guaranteed Delivery Procedures. The table below includes information about the aggregate principal amount of Notes referred to above broken out between 2051 Notes and 2052 Notes. Title of SecurityCUSIP / ISIN(1)Aggregate Principal Amount OutstandingAggregate Principal Amount Tendered(2)Principal Amount Reflected in Notices of Guaranteed Delivery(3)4.400% Senior Notes due 2051CUSIP: 25278XAQ2ISIN: US25278XAQ25$386,412,000$282,858,000.00$28,103,000.004.250% Senior Notes due 2052CUSIP: 25278XAT6ISIN: US25278XAT63$605,258,000$493,905,000.00$7,816,000.00 (1) No representation is made as to the correctness or accuracy of the CUSIP numbers and ISINs listed herein. Such information is provided solely for the convenience of the Holders (as defined below) of the Notes. (2) These amounts exclude the principal amounts of Notes for which holders of Notes (“Holders”) have delivered Notices of Guaranteed Delivery that...