Business Wire·Mar 5, 2026, 6:30 AM ET

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

Matador Resources Company announced the expiration of its cash tender offer for $500 million in 6.875% Senior Notes due 2028 at 5:00 p.m. New York City time on March 4, 2026.
Approximately 84% of the Notes, representing $419,705,000 in aggregate principal, were validly tendered & not withdrawn as of the expiration time.
Matador has accepted all validly tendered Notes & expects to pay consideration on March 5, 2026, with additional payments for guaranteed delivery procedures expected by March 9, 2026.
The consideration for accepted Notes is $1,019.75 per $1,000 principal amount plus accrued interest up to but not including the March 5, 2026 settlement date.
Interest on the Notes will cease to accrue on the settlement date for all accepted Notes, which will be canceled & retired by Matador.
Matador intends to exercise its optional redemption right for any remaining outstanding Notes on April 15, 2026, to discharge obligations under the governing indenture.
BofA Securities, Inc. is acting as Dealer Manager, while Global Bondholder Services Corporation serves as the information agent for the tender offer.