Financing ·
DBR Land Holdings upsizes private placement of $125 million in 6.250% Senior Notes due 2030 to 99.375% of par
LBLandBridge Corp
On September 22, 2026, LandBridge Company LLC announced the pricing of an upsized private placement of $125 million in aggregate principal amount of 6.250% Senior Notes due 2030 by its subsidiary DBR Land Holdings LLC. The offering was increased from a previously announced size of $100 million and priced at 99.375% of par. These new notes are issued under the existing indenture dated November 25, 2025, alongside $500 million in Existing Notes, with identical terms except for the issue date and price. The transaction is expected to close on October 1, 2026, subject to customary conditions. LandBridge intends to use the net proceeds to repay a portion of outstanding borrowings under its revolving credit facility. LandBridge owns or manages more than 350,000 surface acres across Texas and New Mexico in the Permian Basin, actively managing land for energy and infrastructure development.