secwatch.observer — SEC 8-K summary
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Issuer:     Matador Resources Co (MTDR)
CIK:        0001520006
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001193125-24-077913
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matador Resources prices upsized $900M senior note offering at 6.500% due 2032
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- Offering upsized to $900M from $800M; notes priced at 100% of face value.
- Net proceeds expected ~$885M after discounts and expenses.
- Proceeds primarily to repurchase $699.2M of 5.875% senior notes due 2026 via cash tender offer.
- Offering expected to close on April 2, 2024, subject to customary conditions.
- Remaining proceeds for general corporate purposes, including acquisitions or revolver repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520006/000119312524077913/0001193125-24-077913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520006/000119312524077913/d799986d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-077913

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