Magnolia Oil & Gas issues $400M of 6.875% senior notes due 2032, redeems existing 6.00% notes due 2026

Magnolia Oil & Gas Corp

$400M aggregate principal of 6.875% senior notes issued due Dec 1, 2032.
Interest payable semi-annually starting June 1, 2025 at 6.875% per annum.
All outstanding 6.00% senior notes due 2026 redeemed at 101% of principal.
Redemption funded by net proceeds from new notes issuance.
Guaranteed by Magnolia and certain subsidiaries.

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