Latham & Watkins Advises on Matador’s US$500 Million Upsized Senior Notes Offering

Matador Resources Company (NYSE: MTDR) (Matador), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, closed on April 11, 2023 its private offering of US$500 million of 6.875% senior unsecured notes due 2028 at a price of 98.960% of their face value. Matador increased the size of the offering from the previously announced US$400 million to US$500 million.

Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by Houston partners Ryan Maierson and Trevor Lavelle, with associates Michael Pascual, Ziyad Barghouthy, Jordan Armstrong, and Justin Reinking. Advice was also provided on environmental matters by Los Angeles/Houston partner Joshua Marnitz; and on tax matters by Houston partner Jim Cole, with associate Chelsea Munoz-Patchen.