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BRIEF-Viper Energy Partners announces public offering of common units
July 17, 2017 / 8:46 PM / a month ago

BRIEF-Viper Energy Partners announces public offering of common units

July 17 (Reuters) - Viper Energy Partners Lp

* Viper Energy Partners LP, a subsidiary of Diamondback Energy Inc announces public offering of common units

* Viper Energy Partners LP says Viper has commenced an underwritten public offering of 11 million common units

* Viper Energy Partners LP - ‍Diamondback has indicated its interest in purchasing up to a total of 3.3 million common units offered by Viper​

* Viper Energy - intends to use net proceeds to repay outstanding borrowings under revolving credit facility, to fund portion of pending acquisitions

* Viper Energy Partners - ‍affiliate of Viper's general partner has indicated its interest in purchasing up to a total of 3 million common units from offering​ Source text for Eikon: Further company coverage:

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