LandBridge, a land and resource management company, announced the launch of a $500 million offering of senior notes by its subsidiary, DBR Land Holdings LLC.
The proceeds from the offering will be used to repay existing borrowings and terminate the current credit facility.
The Notes will be offered to qualified institutional buyers under Rule 144A and outside the U.S. in compliance with Regulation S.
Offering Details
$500 million senior notes offering to repay existing borrowings and terminate current credit facility.
Regulatory Compliance
Offering made to qualified institutional buyers under Rule 144A and outside U.S. under Regulation S.
Ownership and Operations
LandBridge owns 300,000+ acres in Texas and New Mexico, focusing on energy, infrastructure, and digital development.
- The offering will provide LandBridge with additional capital for its operations and land management initiatives.
- Repayment of existing borrowings will streamline LandBridge's financial structure and reduce interest costs.
LandBridge's senior notes offering demonstrates its strategic financial planning and commitment to optimizing its capital structure for future growth.