secwatch.observer — SEC 8-K summary
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Issuer:     Matador Resources Co (MTDR)
CIK:        0001520006
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001193125-24-077107
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matador launches $800M notes due 2032, tender for $699.2M 2026 notes, and $347.3M equity offering
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- 5.25M common stock offering priced at ~$347.3M gross proceeds; expected close March 27.
- $800M senior unsecured notes due 2032 offered in private placement; proceeds to fund tender and general corporate.
- Cash tender for any and all $699.2M outstanding 5.875% notes due 2026 at $1,000.75/$1,000 plus accrued interest.
- Tender expires April 1; conditional on raising at least $700M from the notes offering (Financing Condition).
- Equity proceeds may fund acquisitions and repay revolver; J.P. Morgan and BofA act as underwriters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520006/000119312524077107/0001193125-24-077107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520006/000119312524077107/d810964d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-077107

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer