SM Energy Co.
Description
Intends to offer $500 million in aggregate principal amount of a series of senior unsecured notes due 2027 and use the net proceeds from the offering to fund the consideration payable in its announced cash tender offer to purchase any and all of its 6.5% senior notes due 2023 and up to an aggregate principal amount not to exceed $85 million of its 6.125% senior notes due 2022.
BofA Merrill Lynch, Wells Fargo Securities, J.P. Morgan, Barclays, BBVA and RBC Capital Markets are acting as joint book-running managers.