debt
confidence high
sentiment neutral
materiality 0.50
CNX Resources announces final results of tender offer for 6% notes due 2029; $420.2M tendered
CNX Resources Corp
- Tender offer for $500M 6.000% senior notes due 2029 expired; $420.2M (84.04%) tendered.
- Purchase price of $1,016.10 per $1,000 principal plus accrued interest; settlement Feb 26, 2026.
- Remaining notes subject to conditional redemption at 101.5% of principal on March 19, 2026.
- Redemption contingent on closing of new notes offering; Wells Fargo served as dealer manager.