Matador Resources' $800M Notes Offering and Cash Tender Commencement

Tuesday, 26 March 2024, 12:01

Matador Resources, an energy company, announces a plan to offer $800 million in senior unsecured notes due 2032 through a private placement. The company has also initiated a cash tender offer for approximately $699.2 million outstanding notes. This strategic move signifies Matador Resources' focus on optimizing its capital structure and enhancing financial flexibility for future endeavors.

https://store.livarava.com/29be03d5-eb69-11ee-aebd-63fd8ea994ba.jpg — Matador Resources' $800M Notes Offering and Cash Tender Commencement

Matador Resources Announces Notes Offering and Cash Tender

Energy company Matador Resources (MTDR) has unveiled its plans to offer $800 million of senior unsecured notes due 2032 in a private placement. The company has also initiated a cash tender offer for approximately $699.2 million outstanding notes.

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