CNX Resources Corporation Announces Tender Offer for its 6.000% Senior Notes due 2029

Core Viewpoint - CNX Resources Corporation has initiated a cash tender offer to purchase all outstanding 6.000% Senior Notes due 2029, with a purchase price of $1,016.10 per $1,000 principal amount of the notes validly tendered and accepted for purchase [1]. Group 1: Tender Offer Details - The total principal amount outstanding for the 6.000% Senior Notes due 2029 is $500 million [1]. - The tender offer will expire at 5:00 p.m. New York City Time on February 23, 2026, unless extended or terminated [1]. - Holders of the notes will also receive accrued and unpaid interest from the last interest payment date up to the payment date, expected to be February 26, 2026 [1]. Group 2: Conditions and Redemption - The tender offer is conditioned upon the completion of a contemporaneous notes offering by CNX, which must meet terms satisfactory to the company [1]. - CNX has issued a conditional notice to redeem all notes not purchased in the tender offer at a redemption price of 101.50% of the principal amount, plus accrued interest, with a redemption date of March 19, 2026 [1]. - The redemption is also contingent on the successful closing of CNX's new notes offering and receipt of net proceeds [1]. Group 3: Company Overview - CNX Resources Corporation is focused on ultra-low carbon intensive natural gas development and production, with a significant asset base and a legacy of 161 years in the energy sector [1]. - As of December 31, 2025, CNX reported 9.7 trillion cubic feet equivalent of proved natural gas reserves [1]. - The company is a member of the Standard & Poor's Midcap 400 Index, indicating its established position in the market [1].