---
schema_version: "secwatch.filing_event.v1"
accession: "0001520006-23-000087"
form_type: "8-K"
ticker: "MTDR"
cik: "0001520006"
company_name: "Matador Resources Co"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:56:47.978206+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Matador increases credit facility to $1.25B, plans $400M senior note offering

## Summary
- Credit facility borrowing commitment raised from $775M to $1.25B; borrowing base reaffirmed at $2.25B.
- No borrowings outstanding as of Dec 31, 2022; $45.6M in outstanding letters of credit.
- Intends to offer $400M in senior unsecured notes due 2028 for general corporate purposes.
- Notes to be offered in private placement under Rule 144A and Regulation S; not registered.

## SEC filing metadata
- accession: 0001520006-23-000087
- form_type: 8-K
- ticker: MTDR
- cik: 0001520006
- company_name: Matador Resources Co
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000087/0001520006-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000087/mtdr-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520006-23-000087
- JSON: https://secwatch.observer/filing/0001520006-23-000087.json
- Plain text: https://secwatch.observer/filing/0001520006-23-000087.txt

## Key facts
- Material Agreements
  Matador Resources Co amended Second Amendment to Fourth Amended and Restated Credit Agreement with lenders party thereto valued at increase the borrowing commitment from $775 million to $1.25 billion (effective 2023-03-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: lenders party thereto
  - Value: increase the borrowing commitment from $775 million to $1.25 billion
  - Effective: 2023-03-31
  source text: On March 31, 2023, MRC Energy Company, a wholly owned subsidiary of Matador Resources Company (the “Company”), entered into a Second Amendment to Fourth Amended and Restated Credit Agreement (the “Amendment”), which amends the Company’s secured revolving credit facility (the “Credit Agreement”) to, among other things: (i) increase the borrowing commitment from $775 million to $1.25 billion and (ii) reaffirm the borrowing base as $2.25 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1520006/000152000623000087/0001520006-23-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.