
LandBridge Announces $500 Million Senior Notes Offering

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LandBridge Company LLC announced a $500 million senior notes offering to support debt restructuring and improve its debt service coverage ratio. Additionally, its subsidiary, DBR Land Holdings LLC, entered a $275 million revolving credit agreement with Texas Capital Bank to refinance existing debt. These strategic financial moves aim to strengthen LandBridge's capital structure and operational sustainability. The latest analyst rating for LB stock is Hold with a $68.00 price target, reflecting strong financial performance but concerns over high valuation and leverage.
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