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Published on 3/15/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CNX Resources tenders for $500 million of 8% senior notes due 2023

By Susanna Moon

Chicago, March 15 – CNX Resources Corp. said it is tendering for its $500 million of 8% senior notes due 2023 until 5 p.m. ET on March 21.

The purchase price will be $1,063.50 for each $1,000 of notes.

Holders will also receive accrued interest up to but excluding the settlement date.

D.F. King & Co., Inc. (877 478-5042 (toll free) or, for banks and brokers, 212 269-5550, cnx@dfking.com or dfking.com/cnx) is the tender agent and information agent. Credit Suisse Securities (USA) LLC (212 538-1862 or 800 820-1653) is the dealer manager.

Settlement is expected to occur March 22 for regular tenders or on March 26 for any notes tendered under a notice of guaranteed delivery.

CNX Resources is a Pittsburgh-based energy company.


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