Matador Resources Co. (MTDR) announced on Friday its plan to issue $750 million senior unsecured notes maturing in 2033, through a private placement.
The company intends to use the proceeds from the offering to pay off outstanding borrowings from its credit facility, including the entire $250 million owed on its term loan.
Initial purchasers may resell the Notes to qualified institutional buyers and non-U.S. persons outside the United States, adhering to specific regulations.
In pre-market activity on the NYSE, the shares are trading at $52.87, up 1.28%.
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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.