CNX Resources Corp.

Description

Closed private offering of convertible senior notes due 2026. Includes full exercise of $45 million option to purchase additional notes granted to initial purchasers. Portion of proceeds will fund privately negotiated capped call transactions with certain initial purchasers or their respective affiliates and/or other financial institutions with remainder used for general corporate purposes, including repayment or redemption of outstanding debt. Vinson & Elkins was legal adviser to the underwriters.

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Estimated Price
$345.0MM
Financing Type
Report Date