Item 8.01 Other Events
On May 10, 2021, Pioneer Natural Resources Company (the "Company") issued a
press release announcing the pricing of a public offering of $750.0 million of
0.550% Senior Notes that will mature May 15, 2023 (the "Notes"), pursuant to an
effective shelf registration statement that was previously filed with the
Securities and Exchange Commission.
The Company intends to use the net proceeds of $748 million from the offering,
after deducting underwriting discounts (excluding fees and expenses of the
offering), to finance the redemption of all outstanding 7.750% Senior Notes due
2025 issued jointly by Double Eagle III Midco 1 LLC and Double Eagle Finance
Corporation (the "Issuers"), which were indirect wholly-owned subsidiaries of
DoublePoint Energy, LLC prior to the Company's acquisition of the Issuers on
May 4, 2021, and for general corporate purposes.
A copy of the press release is attached as Exhibit 99.1 hereto and incorporated
by reference herein.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
The following exhibits are filed herewith:
Exhibit Number Description
99.1 News Release, dated May 10, 2021, titled "Pioneer Natural
Resources Announces Pricing of Public Offering of $750.0
Million of 0.550% Senior Notes due 2023"
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document).
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