secwatch.observer — SEC 8-K summary
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Issuer:     CNX Resources Corp (CNX)
CIK:        0001070412
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001193125-24-038548
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNX prices cash tender offer for $350M 7.250% senior notes due 2027 at $1,018.97 per $1,000
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- Tender offer for any and all of $350M 7.250% senior notes due 2027; purchase price $1,018.97 per $1,000 principal.
- Purchase price based on yield to March 14, 2024 redemption at 101.813%; fixed spread 0 bps over UST yield 5.536%.
- Tender offer expires 5:00 PM NY time on Feb 16, 2024; settlement expected Feb 23, 2024.
- Conditioned on contemporaneous new notes offering; concurrent redemption of untendered notes at 101.813% plus accrued.
- Lead dealer manager J.P. Morgan; TD Securities as dealer manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070412/000119312524038548/0001193125-24-038548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070412/000119312524038548/d793374d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-038548

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