The deal size was increased to 21.45M shares from 20.3M shares and priced inside the $13.00-$13.43 range. JPMorgan, BofA and Truist are acting as joint book running managers for the offering.
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Read More on PR:
- Permian Resources 20.3M share Spot Secondary; price range $13.00-$13.43
- Permian announces offering of 20.3M shares of Class A common stock for holders
- Permian Resources CAO Jensen sells 171,817 class A shares
- Permian Resources price target raised to $20 from $18 at Stifel
- S&P announces changes to S&P 400, 600 indices at open on 9/18
