---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-116408"
form_type: "8-K"
ticker: "MGY"
cik: "0001698990"
company_name: "Magnolia Oil & Gas Corp"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:02:01.903872+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Magnolia proposes $400M senior notes due 2032 to refinance 2026 notes; also amends credit facility

## Summary
- Issuers intend to offer $400M senior unsecured notes due 2032 in private placement.
- Net proceeds will be used to repurchase and redeem all outstanding 6.00% Senior Notes due 2026.
- Before closing notes offering, Magnolia Operating expects to amend credit facility to $1.5B commitments with $800M borrowing base.
- Amended RBL facility matures Nov 13, 2029 or 91 days prior to 2026 notes maturity if ≥$50M outstanding; covenants include leverage ≤3.5x.
- Notes offering exempt from registration; offered only to QIBs and non-U.S. persons under Rule 144A/Reg S.

## SEC filing metadata
- accession: 0001104659-24-116408
- form_type: 8-K
- ticker: MGY
- cik: 0001698990
- company_name: Magnolia Oil & Gas Corp
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698990/000110465924116408/0001104659-24-116408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698990/000110465924116408/tm2427987d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-116408
- JSON: https://secwatch.observer/filing/0001104659-24-116408.json
- Plain text: https://secwatch.observer/filing/0001104659-24-116408.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.