Pathward Financial-CHORD ENERGY CORPORATION ANNOUNCES A CASH TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 6.375% SENIOR NOTES DUE 2026

Core Viewpoint - Chord Energy Corporation has initiated a cash tender offer to purchase all outstanding 6.375% senior notes due 2026, with the aim of acquiring these notes to manage its debt effectively [1][7]. Offer Details - The tender offer is for $400 million of 6.375% senior notes due May 31, 2025 [2]. - The offer will expire at 5:00 p.m. New York City time on March 10, 2025, unless extended or terminated by the company [4]. - Holders of the 2026 Notes must validly tender their notes or submit a Notice of Guaranteed Delivery before the expiration date to receive the consideration [5]. Financial Aspects - The consideration payable per$ 1,000 principal amount of 2026 Notes will be based on a fixed spread of 50 basis points plus the yield to maturity of the U.S. Treasury Reference Security [6]. - Accrued and unpaid interest will be paid on all validly tendered and accepted 2026 Notes from the last interest payment date up to the settlement date, expected around March 13, 2025 [5]. Funding and Conditions - The company plans to fund the tender offer with net proceeds from a concurrent senior notes offering [7]. - The offer is conditioned upon the successful completion of the new notes offering [7]. Company Background - Chord Energy Corporation is an independent exploration and production company focused on sustainable long-lived assets in the Williston Basin, emphasizing capital discipline and free cash flow generation [12].