Moody's rates Diamondback's proposed unsecured notes B1
Approximately $250 million of new unsecured notes rated. New York, December 15, 2016-- Moody's Investors Service assigned a B1 rating to Diamondback Energy, Inc.' s proposed offering of $250 million senior unsecured notes due 2025. Diamondback's other ratings and stable outlook remained unchanged. The note proceeds will be used to fund the $1.62 billion cash portion of Diamondback's $2.43 billion Delaware Basin acquisition of Brigham Resources Operating, LLC and Brigham...
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