Latham Advises on Infinity Natural Resources, Inc.’s Pricing of US$550 Million Upsized Inaugural Senior Notes Offering
Infinity Natural Resources, Inc. (NYSE: INR) has announced that its subsidiary, Infinity Natural Resources, LLC, priced its previously announced inaugural private placement of US$550 million aggregate principal amount of 7.625% senior notes due 2031. The pricing of this offering was significantly accelerated due to investor demand and its size was increased from the previously announced US$500 million to US$550 million. The notes mature on April 1, 2031, and interest is payable on April 1 and October 1 of each year, beginning on October 1, 2026.
Latham & Watkins LLP represented the initial purchasers in the transaction, with a corporate deal team led by Austin partners David Miller and Samuel Rettew, with associates Rachel Collier, Carol Bale, Marvin Thiele, and Liem-Lucas Nguyen. Advice on tax matters was also provided by Houston partner Bryant Lee, with associate Graham Core; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Phil Goldberg.