backOn March 13, 2025, Chord Energy Corporation completed the offer and sale of $750 million aggregate principal amount of its 6.750% notes due 2033 in an unregistered offering pursuant to Rule 144A and Reg. S.
The notes are unsecured, senior obligations guaranteed by Chord’s existing subsidiaries and future domestic subsidiaries, in each case, that guarantee Chord’s senior secured revolving credit facility. The net proceeds from the offering were used to purchase a portion of the Company’s 6.375% senior unsecured notes due 2026 tendered in a concurrent cash tender offer completed on March 13, 2025.
The King & Spalding team advising Chord on the offering included Keith Townsend, Zack Davis, Trevor Pinkerton, Nick Markwordt, James Smith, Mark Hanley, Lauryn Morris and Hannah Grayem. John Sweet and Michael Bennett advised on tax matters, Jennifer Neilsson advised on ERISA matters and Carolyn Alford, Maureen Sweeney and Dylan Riola advised on finance matters.