secwatch.observer — SEC 8-K summary
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Issuer:     Magnolia Oil & Gas Corp (MGY)
CIK:        0001698990
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001104659-24-123076
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698990/000110465924123076/0001104659-24-123076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698990/000110465924123076/tm2429486d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-123076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer