RSP Permian launches $450M placement of senior unsecured notes

RSP Permian Inc.

RSP Permian Inc. (NYSE: RSPP) intends to offer $450 million aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended. 

The company plans to use the net proceeds of the offering to repay amounts drawn under its revolving credit facility and the balance for general corporate purposes.

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