NYSE:MTDROil and Gas
Matador Resources Refinances Debt As CEO Buying Highlights Confidence And Risks
Matador Resources (NYSE:MTDR) completed a debt refinancing that includes a cash tender offer for its 2028 senior notes and the issuance of new senior notes due 2034.
The company issued US$750 million of 2034 notes and is using the proceeds to repurchase the majority of its 2028 notes, with plans to redeem the remaining balance.
The CEO recently bought company stock, adding an insider signal alongside the capital structure changes.
Matador Resources, an independent energy company focused on...