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Permian Resources to repay credit facility borrowings with notes
By Sara Rosenberg
New York, Dec. 7 – Permian Resources Operating LLC plans to repay all or a portion of the amounts outstanding under its credit facility using proceeds from a $500 million senior notes offering, according to a market source.
Remaining proceeds from the notes will be used for general corporate purposes.
Permian Resources is a Midland, Tex.-based oil and natural gas company.
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