debt
confidence high
sentiment positive
materiality 0.75
Matador Resources prices $750M of 6.000% Senior Notes due 2034 to refinance debt
Matador Resources Co
- Issued $750M of 6.000% senior unsecured notes due 2034 at 100% of face value.
- Net proceeds ~$736.5M after discounts and expenses.
- Proceeds used to repurchase $500M of 6.875% notes due 2028 via tender offer and repay credit facility.
- Offering expected to close March 5, 2026.
- Notes not registered, sold to QIBs and non-U.S. persons under Rule 144A/Reg S.
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