Pioneer Natural Resources Announces Pricing of Public Offering of $1.1 billion of 5.100% Senior Notes Due 2026
The Company intends to use the net proceeds from the offering for general corporate purposes, which may include repayment or repurchase of the Company’s outstanding 0.550% Senior Notes due 2023.
Interest on the Notes will be payable on
An electronic copy of the prospectus supplement and accompanying base prospectus will be available at the Securities and Exchange Commission’s website at www.sec.gov.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. The offering will be made pursuant to an effective shelf registration statement, which was previously filed by Pioneer with the
Pioneer is a large independent oil and gas exploration and production company, headquartered in
Cautionary Statement Regarding Forward-Looking Information
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this news release specifically include statements regarding the anticipated closing date and the use of proceeds. Forward-looking statements and the business prospects of Pioneer are subject to a number of risks and uncertainties that may cause Pioneer’s actual results in future periods to differ materially from the forward-looking statements. These and other risks are described in Pioneer’s Annual Report on Form 10-K for the year ended
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