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EQT CORPORATION AND EQM MIDSTREAM PARTNERS, LP COMMENCE TENDER OFFERS AND CONSENT SOLICITATION
EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced that (i) EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, has commenced a tender offer (the "EQM Tender Offer") to purchase for cash any and all of EQM's outstanding 6.500% Senior Notes due 2027 (the "EQM Notes") and (ii) EQT has commenced a tender offer (the "EQT Tender Offer" and, together with the EQM Tender Offer, the "Tender Offers") to purch
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[{"type":"text","content":"Offers to Purchase for Cash Any and All EQM Midstream Partners, LP's Outstanding 6.500% Senior Notes due 2027 and Up to $750,000,000 Aggregate Purchase Price for EQT Corporation's 3.900% Senior Notes due 2027, Less the Aggregate Purchase Price of the EQM Notes Validly Tendered and Accepted for Purchase and Solicitation of Consents to Amend the Indenture Governing EQM Midstream Partners, LP's 6.500% Senior Notes due 2027","length":435,"tagName":"p","attribs":{}},{"type":"text","content":"PITTSBURGH, Feb. 24, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" and, collectively with its consolidated subsidiaries, the "Company") today announced that (i) EQM Midstream Partners, LP ("EQM"), an indirect wholly owned subsidiary of EQT, has commenced a tender offer (the "EQM Tender Offer") to purchase for cash any and all of EQM's outstanding 6.500% Senior Notes due 2027 (the "EQM Notes") and (ii) EQT has commenced a tender offer (the "EQT Tender Offer" and, together with the EQM Tender Offer, the "Tender Offers") to purchase for cash EQT's outstanding 3.900% Senior Notes due 2027 (the "EQT Notes" and, together with the EQM Notes, the "Notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to an amount equal to the EQT Notes Tender Cap (as defined below). The "EQT Notes Tender Cap" means (a) when calculated as of the Early Tender Date (as defined below) for the EQT Tender Offer, $750,000,000 (the "EQT Tender Offer Reference Amount") less the aggregate purchase price, excluding accrued and unpaid interest, of all EQM Notes that have been validly tendered pursuant to the EQM Tender Offer (the "EQM Notes Purchase Price"), and (b) when calculated as of the Expiration Date (as defined below) for the EQT Tender Offer, the EQT Tender Offer Reference Amount less the EQM Notes Purchase Price less, if applicable, the aggregate purchase price, excluding accrued and unpaid interest, of any EQT Notes accepted for purchase prior to the Expiration Date for the EQT Tender Offer (the "EQT Early Accepted Notes"). Tendered EQT Notes may be purchased on any given Settlement Date (as defined below) only if the aggregate purchase price, excluding accrued and unpaid interest, t...