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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 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 amount outstanding of its 6.000% Senior Notes due 2029 (the "2029 Notes"). As of 5:00 p.m., New York City time, on February 23, 2026, the expiration time for the Tender Offer (the "Expiration Time"), CNX had received tenders for an aggregate principal amount of $420,200,000
About this update from Cnx Resources Corporation
[{"type":"text","content":"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 amount outstanding of its 6.000% Senior Notes due 2029 (the "2029 Notes"). As of 5:00 p.m., New York City time, on February 23, 2026, the expiration time for the Tender Offer (the "Expiration Time"), CNX had received tenders for an aggregate principal amount of $420,200,000 of the outstanding 2029 Notes, or 84.04% of the aggregate principal amount of 2029 Notes outstanding. These amounts exclude any 2029 Notes that may be tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the Notice of Guaranteed Delivery (each as defined below).","length":887,"tagName":"p"},{"type":"text","content":"The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Purchase, dated February 17, 2026 (the "Offer to Purchase"), and the related notice of guaranteed delivery for the Tender Offer (the "Notice of Guaranteed Delivery").","length":275,"tagName":"p"},{"type":"text","content":"In accordance with the terms of the Tender Offer, CNX will pay the purchase price (the "Purchase Price") for the 2029 Notes validly tendered prior to the Expiration Time or pursuant to the Notice of Guaranteed Delivery on February 26, 2026 (the "Settlement Date"). The Purchase Price to be paid for the 2029 Notes is $1,016.10 for each $1,000 principal amount of the 2029 Notes validly tendered and accepted for purchase pursuant to the Tender Offer, plus accrued and unpaid interest on the 2029 Notes validly tendered and accepted for purchase from the last interest payment date up to, but not including, the Settlement Date. For avoidance of doubt, interest on the 2029 Notes will cease to accrue on the Settlement Date for all 2029 Notes accepted in the Tender Offer. All 2029 Notes purchased on the Settlement Date will subsequently be retired.","length":869,"tagName":"p"},{"type":"text","content":"Concurrently with the commencement of the Tender Offer, CNX issued a conditional notice, pursuant to the indenture governing the 2029 Notes, to redeem (the "Redemptio...