Matador Resources Company (MTDR) Tuesday announced a cash tender offer to purchase approximately $699.2 million, 5.875% senior notes due 2026.
The company plans to use part of the proceeds from its concurrent private placement of $800 million of senior notes due 2032 to fund this.
As per the terms of the offer, the holders of the Notes will receive total cash consideration of $1,000.75 per $1,000 principal amount of 2026 Notes, plus an amount equal to any accrued and unpaid interest up to, but not including, the settlement date, which is expected to be April 2, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.