debt
confidence high
sentiment neutral
materiality 0.55
Magnolia prices $400M 6.875% senior notes due 2032; proceeds to retire 2026 notes
Magnolia Oil & Gas Corp
- $400M aggregate principal of 6.875% senior unsecured notes due 2032 priced.
- Closing expected Nov 26, 2024; subject to customary conditions.
- Net proceeds to repurchase and redeem outstanding 6.00% Senior Notes due 2026.
- Offered in private placement under Rule 144A and Regulation S.