Matador Resources Company Announces Offering of $750 Million of Senior Notes Due 2034
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) ("Matador†or the "Company†) today announced that, subject to market conditions, it intends to offer $750 million of senior unsecured notes due 2034 (the "New Notes†) in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering (i) to repurchase any and all of the $500 million outstanding aggregate principal amount of its 6.875% senior notes due 2028 (the "2028 Notes†) through a cash tend. ...