Permian Resources announced the commencement of an underwritten public offering of an aggregate 26.5M shares of its Class A Common Stock. Concurrently with the equity offering, subject to market conditions, Permian Resources Operating, a subsidiary of Permian Resources, intends to offer for sale in a private placement under Rule 144A and Regulation S under the Securities Act of 1933, as amended, to eligible purchasers $750M in aggregate principal amount of senior unsecured notes due 2033. Goldman Sachs & Co. and Morgan Stanley are serving as the underwriters for the equity offering.
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