Key Takeaways

• Infinity Natural Resources has increased its private placement of senior notes from $500 million to $550 million, scheduled to close on March 20, 2026.
• The senior notes, which carry a 7.625% interest rate and mature in 2031, will be used primarily to repay existing borrowings and for general corporate purposes.
• The offering is aimed at qualified institutional buyers and will not be registered under the Securities Act, limiting its sale in the U.S.

Details of the Notes Offering

Infinity Natural Resources, Inc. (NYSE: INR) has announced the pricing of its private placement of $550 million in senior notes, a revision from the previously stated amount of $500 million. The notes, with an interest rate of 7.625%, are set to mature on April 1, 2031, and will begin accruing interest on October 1, 2026. Investors can expect interest payments twice a year, on April 1 and October 1. The notes are priced at par and will be backed on a senior unsecured basis by the subsidiaries that guarantee the company’s existing debt under its revolving credit facility.

This financing initiative is expected to close on March 20, 2026, contingent upon the fulfillment of customary conditions. The net proceeds from the offering will primarily be allocated for repaying outstanding borrowings under Infinity’s revolving credit facility and for general corporate purposes.

Regulatory Context

The notes and their guarantees have not been registered under the Securities Act of 1933 or any state laws. Consequently, unless registered, the securities cannot be offered or sold in the U.S. except under certain exemptions provided by the Act. The Offering will specifically target qualified institutional buyers as defined by Rule 144A, along with non-U.S. persons in compliance with Regulation S.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy the notes or any other securities of the issuer. The offering is being conducted solely via a private memorandum, adhering to legal regulations in designated jurisdictions.

Company Overview

Infinity Natural Resources is an independent energy company focused on acquiring, developing, and producing hydrocarbons in the Appalachian Basin, primarily targeting the Utica Shale in eastern Ohio and dry gas assets in the Marcellus and Utica Shales of southwestern Pennsylvania.

Forward-Looking Statements

The press release includes forward-looking statements regarding Infinity’s expectations and plans. These statements are based on current beliefs and available information but may be subject to uncertainties. Factors such as commodity price volatility, operational risks, and changes in market conditions could significantly affect actual outcomes.

Infinity has outlined these risks in its SEC filings, including its Annual Report on Form 10-K and other relevant reports. Stakeholders are encouraged to review these documents for details on potential risks and uncertainties that may impact the company’s performance, thereby affecting the information shared in this press release.

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