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CNX Resources Corporation Announces Final Results and Expiration of Tender Offer for Its 6.000% Senior Notes Due 2029
CNX Resources completed its tender offer and plans redemption to manage debt and support long-term value, holding 9.7 trillion cubic feet equivalent of proved reserves as of end 2025.
- On February 23, 2026 CNX Resources announced final results of its tender offer for $500 million of 6.000% senior notes due 2029, with $420.2 million tendered .
- As part of its capital-allocation strategy, CNX said the Tender Offer supports deploying free cash flow, with the Redemption conditioned on a new senior notes offering and net proceeds, and remaining notes at 101.50% on February 26, 2026.
- Settlement mechanics specify that interest will cease to accrue on the Settlement Date, and CNX will pay the Purchase Price on February 26, 2026, with Wells Fargo Securities, LLC as dealer manager and Global Bondholder Services Corporation as tender agent and information agent.
- Redemption may be terminated if required conditions are not satisfied by the redemption date March 19, 2026, and the press release contains forward-looking statements cautioning investors not to place undue reliance, CNX said.
- Holding 9.7 trillion cubic feet equivalent of proved reserves, CNX Resources Corporation describes itself as a 'premier, ultra-low carbon intensive' natural gas company in Appalachia and is a member of the Standard & Poor's Midcap 400 Index.
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CNX Resources Corporation Announces Final Results and Expiration of Tender Offer for its 6.000% Senior Notes due 2029
PITTSBURGH, Feb. 23, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX") today announced the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of the $500 million aggregate principal…
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Leaning Left4Leaning Right4Center11Last UpdatedBias Distribution58% Center
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- 58% of the sources are Center
58% Center
L 21%
C 58%
R 21%
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