FANG · Diamondback Energy, Inc.

Summary

Diamondback Energy announced final results of tender offers, with $776.8 million aggregate principal of 2051 and 2052 Senior Notes validly tendered, to be purchased at $825.60 and $802.42 per $1,000 principal.

Key takeaways

• Offers expired April 10, 2026; $776,763,000 Notes tendered excluding $35,919,000 in Guaranteed Delivery Notices.
• 2051 Notes: $386.4M outstanding, $282.9M tendered + $28.1M Guaranteed Delivery.
• 2052 Notes: $605.3M outstanding, $493.9M tendered + $7.8M Guaranteed Delivery.
• Consideration: $825.60 per $1,000 for 2051 Notes, $802.42 for 2052 Notes, plus Accrued Interest.
• Settlement expected April 13, 2026 for standard tenders, April 15 for Guaranteed Delivery.