M&A
confidence high
sentiment neutral
materiality 0.65
EQT Corp (EQT): debt financing — EQT closes Olympus Energy acquisition with $440M cash and 25.2M shares; revolver extended to 2030
EQT Corp
- Issued 25,229,166 shares and ~$440M cash to Sellers to close Olympus Energy Acquisition of oil & gas properties and midstream assets.
- Revolving credit facility maturity extended from July 23, 2029 to July 23, 2030, using first of two one-year extension options.
- Acquisition initially announced on April 22, 2025; closing consideration includes both stock and cash, subject to post-closing adjustments.