secwatch.observer — SEC 8-K summary
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Issuer:     Matador Resources Co (MTDR)
CIK:        0001520006
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001520006-23-000087
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520006/000152000623000087/0001520006-23-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520006/000152000623000087/mtdr-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001520006-23-000087

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