secwatch.observer — SEC 8-K summary
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Issuer:     EQT Corp (EQT)
CIK:        0000033213
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001104659-24-126982
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EQT subsidiary EQM upsizes tender offer to $1.3B; early results show high tenders
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- EQM increased maximum aggregate purchase price from $1.275B to $1.3B for tender offer on four series of senior notes.
- As of Dec 9 early tender date, 85.4% of 2048 Notes ($469.8M) and 86.0% of 2028 Notes ($731.3M) tendered; both fully accepted.
- 94.5% of 2029 Notes ($755.9M) tendered but only 7.6% ($57.1M) accepted due to proration; 76.1% of 2030 Notes tendered, none accepted.
- Requisite consents received to amend reporting covenants for 2028 and 2048 notes; supplemental indenture to be entered promptly.
- Early settlement expected Dec 30, 2024, subject to conditions including financing and a midstream JV with Blackstone.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33213/000110465924126982/0001104659-24-126982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33213/000110465924126982/tm2430577d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-126982

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