Parsley Energy Readies 1st Exploration/Production High Yield Bond Offering Of 2016

May 25, 2016   |   May 2016 Bond Updates
Unconventional-reserves E&P credit Parsley Energy is back in the high yield bond market after one year with a $200 million offering of senior notes via a Credit Suisse–steered bookrunner team that's still being put together. Price talk is 6.25–6.5%, and books close at 11:30 a.m. EDT, with pricing to follow this afternoon, according to sources.

View more at: http://www.forbes.com/sites/spleverage/2016/05/24/parsley-energy-readies-1st-explorationproduction-high-yield-bond-offering-of-2016/
 
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