Parsley Energy, LLC, a subsidiary of Parsley Energy, Inc. (NYSE: PE), and Parsley's wholly owned subsidiary, Parsley Finance Corp., announced today the pricing of their previously announced private placement of senior unsecured notes due 2025, which was upsized to $450.0 million in aggregate principal amount from the originally proposed $350.0 million offering. The 2025 Notes, which priced at par, will mature on August 15, 2025 and will pay interest at the rate of 5.250% per year. Parsley Inc. will not guarantee the 2025 Notes.