Matador Resources prices upsized offering of $900M of senior notes due 2032

,

  • Matador Resources (NYSE:MTDR) said on Tuesday it had priced a private offering of $900M of 6.500% senior unsecured notes due 2032 at a price of 100% of their face value.
  • The company said it increased the size of the offering to $900M from the previously announced $800M.
  • According to MTDR, the offering is expected to close on April 2, 2024.
  • MTDR plans to use the offering proceeds to repurchase any and all of the ~$699.2M outstanding principal amount of its 5.875% senior notes due 2026 through a cash tender offer, among other things.
  • Press Release

Recommended For You

More Trending News

Harry Byrne

Related post