secwatch.observer — SEC 8-K summary
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Issuer:     CNX Resources Corp (CNX)
CIK:        0001070412
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001193125-24-044538
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNX closes $400M 7.250% senior notes due 2032 to refinance 2027 notes
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- Issued $400M aggregate principal of 7.250% senior notes due March 1, 2032.
- Proceeds to purchase all outstanding 7.250% senior notes due 2027 via tender offer and redeem any leftover.
- Excess proceeds to repay revolving credit facility borrowings; remainder for general corporate purposes.
- Notes rank equally with senior debt; covenants may terminate if investment-grade rating achieved.
- Redemption prices: 103.625% (2027), 101.813% (2028), 100% (2029 and thereafter).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070412/000119312524044538/0001193125-24-044538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070412/000119312524044538/d766231d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-044538

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