Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Vital Energy (VTLE) is now available.
Vital Energy, Inc. has issued an additional $200 million in 7.875% senior notes due in 2032, complementing the previously issued $800 million under the same terms. The company has secured these notes with a guarantee from Vital Midstream Services, LLC, and retains the right to redeem them before maturity under certain conditions, including using equity offering proceeds. The funds raised are earmarked to repay existing debts and for general corporate purposes, with the notes being sold to qualified institutional buyers and certain non-U.S. persons in compliance with securities laws.
For detailed information about VTLE stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- ‘The Big Vote Coming’: Daniel Ives Weighs In on Tesla Stock as Shareholders Decide Musk’s $1 Trillion Pay Package
- ‘Time to Get Off This Train,’ Says Top Analyst About Rigetti Computing Stock Ahead of Earnings
- AMD Stock Heads Into Tuesday’s Earnings With Momentum — Here’s What This Top Investor Expects