CNX Resources Corp.
Description
CNX Resources Corp. said that it intends, subject to market and other conditions, to offer and sell to eligible purchasers $500 million of senior notes due 2027. The notes will be guaranteed by all of CNX's wholly-owned domestic restricted subsidiaries that guarantee its revolving credit facility. CNX intends to use the net proceeds of the sale of the notes to purchase up to $400 million aggregate principal amount of its outstanding 5.875% senior notes due 2022.