Business Wire·Feb 26, 2026, 7:43 AM ET

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

Matador Resources Company announced a cash tender offer to purchase up to $500 million of its 6.875% senior notes due 2028.
The tender offer is funded by a concurrent private placement of $750 million in senior unsecured notes due 2034.
The tender offer expires at 5:00 p.m. New York City time on March 4, 2026, with valid notes withdrawable before that time.
Accepted notes will receive cash consideration of $1,019.75 per $1,000 principal amount plus accrued interest.
Settlement is expected to occur on March 5, 2026, contingent on raising at least $500 million from the new note offering.
The tender offer has no minimum tender requirement & Matador may terminate, extend, or amend the offer at its discretion.
Global Bondholder Services Corporation is the information agent & BofA Securities, Inc. is the Dealer Manager for the transaction.
Matador intends to discharge any remaining 2028 Notes after the tender offer in accordance with the governing indenture.
Matador operates as an independent energy company focused on oil & natural gas exploration in the Delaware Basin, Haynesville shale, & Cotton Valley plays.