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CNX Resources scraps tender offer for 8% senior notes due 2023
By Marisa Wong
Morgantown, W.Va., March 16 – CNX Resources Corp. said it has terminated its cash tender offer for any and all of its $500 million 8% senior notes due 2023.
The company had announced on Thursday that it was offering to purchase the notes at $1,063.50 per $1,000 principal amount. The offer was to run until 5 p.m. ET on March 21.
In a Friday press release CNX said it terminated the tender offer, because it has decided not to proceed with its previously announced offering of senior notes.
Questions may be directed to D.F. King & Co., Inc. at 877 478-5042 or 212 269-5550.
CNX Resources is a Pittsburgh-based energy company.
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