Matador Resources sells $750 million 6.000% notes due 2034, tenders 84% of 2028 notes
Matador Resources issued $750.0 million of 6.000% senior notes due April 15, 2034, receiving net proceeds of about $737.2 million on March 5, 2026. The same day, it announced that about 84% of its $500 million 6.875% notes due 2028 were tendered in a cash tender offer, and it intends to redeem the remaining 2028 notes on April 15, 2026. The new notes add $750.0 million of senior unsecured debt, and the indenture limits additional debt and shareholder payments.
Key points
- $750.0 million of 6.000% senior unsecured notes due April 15, 2034; first interest payment October 15, 2026.
- $419,705,000, or about 84%, of the $500 million 6.875% notes due 2028 were validly tendered by the March 4, 2026 expiration; $4,530,000 remain subject to guaranteed delivery.
- Tender consideration of $1,019.75 per $1,000 principal, plus accrued interest, with payment on March 5, 2026.
- Matador intends to redeem notes outstanding on April 15, 2026 and satisfy and discharge the 2028 notes' indenture.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.