debt
confidence high
sentiment neutral
materiality 0.60
NOG prices $725M private offering of 7.875% senior notes due 2033
NORTHERN OIL & GAS, INC.
- $725M aggregate principal of 7.875% senior notes due 2033 priced at par; expected close Oct 1, 2025.
- Net proceeds to fund purchase of outstanding 8.125% senior notes due 2028 via concurrent tender offer.
- Remaining proceeds may be used for general corporate purposes, including repayment of revolving credit facility.
- Tender offer conditioned on completion of note offering; offering not conditioned on tender offer.