debt
confidence high
sentiment neutral
materiality 0.55
CNX Resources announces $500M private offering of senior notes due 2034 and tender offer for 2029 notes
CNX Resources Corp
- Private offering of $500M in senior notes due 2034, guaranteed by restricted subsidiaries.
- Concurrent cash tender offer for all outstanding $500M 6% senior notes due 2029 at $1,016.10 per $1,000.
- Tender offer expires Feb. 23, 2026; conditional redemption of remaining notes at 101.50% set for March 19, 2026.
- Proceeds from note offering to fund tender offer and redemption; excess used to reduce revolving credit facility.