Centennial Resource Development Announces Closing of Southern Delaware Basin Acquisition and $910 Million Private Placement of Equity and Increases Borrowing Base
Centennial also announced today that it has closed the previously announced private placement of equity securities with certain accredited investors, including
In conjunction with the closing of the acquisition, Centennial closed an amendment with the lenders under its revolving credit facility that, among other things, increases the borrowing base to
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This communication is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the proposed transactions or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
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