Latham & Watkins Advises on Permian Resources Corporation’s Secondary Public Offering of Class A Common Stock
Permian Resources Corporation (NYSE: PR) has announced the pricing of an underwritten public offering of an aggregate 46,112,899 shares of its Class A Common Stock, par value US$0.0001 per share, at a price to the public of US$13.53 per share, by certain affiliates of Pearl Energy Investments and Riverstone Investment Group LLC.
Latham & Watkins LLP advised the underwriters in the transaction with a corporate team led by Houston partners John Greer and Kevin Richardson, with associates Brian Bruzzo, Nikky Wei, and Riann Winget, with assistance from Bryce Langemeier. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Molly Elkins; and on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Jacqueline Zhang.