Viper Energy in connection with its $500 million term loan credit facility

On July 23, 2025, Viper Energy, Inc. (NASDAQ: VNOM) and one of its subsidiaries entered into a $500 million unsecured delayed-draw term loan credit facility.  Viper intends to use the net proceeds of the term loans in connection with its previously announced acquisition of Sitio Royalties Corp. (NYSE: STR), including the repayment of certain of Sitio’s debt and the payment of fees, costs and expenses.

Wachtell, Lipton, Rosen & Katz is serving as legal adviser to Viper.