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Matador Resources Company ( NYSE: MTDR ) has priced a private offering of $500M of 6.875% senior unsecured notes due 2028 at 98.960% of their face value.
The offering was upsized from the previously announced $400M to $500M.
The offering is expected to close on April 11, 2023.
The company intends to use the net proceeds for general corporate purposes.