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Diamondback Energy calls Rattler notes due 2025 for redemption
Chicago, Oct. 20 – Diamondback Energy Inc. elected to redeem all of the $500 million outstanding 5 5/8% senior notes due 2025 issued by Rattler Midstream LP, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed at 102.813 on Nov. 1. Interest will also be paid.
The redemption is conditioned on the settlement of Diamondback’s new offering of 6.25% senior notes.
Diamondback is a Midland, Tex.-based oil and natural gas company.
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