Matador Resources Company Announces Expiration and Results of Cash Tender Offer for Any and All of Its Outstanding 6.875% Senior Notes Due 2028

Core Viewpoint - Matador Resources Company has successfully completed a cash tender offer for its outstanding 6.875% Senior Notes due 2028, with approximately 84% of the notes validly tendered by the expiration date [1] Group 1: Tender Offer Details - The cash tender offer for the $500 million outstanding aggregate principal amount of 6.875% Senior Notes expired on March 4, 2026, at 5:00 p.m. New York City time [1] - A total of $419,705,000, or approximately 84%, of the notes were validly tendered and not withdrawn, excluding $4,530,000 that remains subject to guaranteed delivery procedures [1] - The consideration for the notes accepted in the tender offer is $1,019.75 for each $1,000 principal amount, plus accrued and unpaid interest up to the settlement date of March 5, 2026 [1] Group 2: Future Plans and Operations - Matador intends to redeem any outstanding notes on April 15, 2026, and will cancel and retire all notes accepted in the tender offer [1] - The company is also conducting a private offering of $750 million of senior unsecured notes due 2034, with the net proceeds intended to repurchase the outstanding 6.875% Senior Notes [2]