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Diamondback Energy prices IPO at $17.50, within the range

October 12, 2012

Diamondback Energy, an oil and natural gas E&P operating in the Permian Basin of West Texas, raised $219 million by offering 12.5 million shares at $17.50, within the $17-$19 range. Diamondback Energy plans to list on the NASDAQ under the symbol FANG. Credit Suisse acted as lead manager on the deal.