Sitio Royalties (STR) recently completed a $600 million offering of 7.875% unsecured notes due November 2028. The proceeds from these notes will help it repay its variable rate (currently over 11%) ...
- A portion of the proceeds expected to be used to repay outstanding Term Loans, including immediately paying off the $275MM 2027 Term Loan, reducing interest expense and enhancing financial ...
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