CNX Resources Corporation Announces Early Results and Early Payment Date for Tender Offer for its 5.875% Senior Notes due 2022
Posted on Thursday March 14, 2019

PITTSBURGH, March 14, 2019 /PRNewswire/ -- CNX Resources Corporation (CNX) ("CNX") today announced that it had received tenders for an aggregate principal amount of $1,149,251,000 of its outstanding 5.875% Senior Notes due 2022 (the "Notes") in its previously announced cash tender offer (the "offer") to purchase up to $400.0 million aggregate principal amount of the approximately $1,294,307,000 aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on March 13, 2019 (the "Early Tender Deadline"), as well as the anticipated early payment date for the offer on March 15, 2019 (the "Early Payment Date"). The offer will expire at 5:00 p.m. New York City Time on March 27, 2019, unless extended or earlier terminated (such time and date as the same may be extended, the "Expiration Time").

CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering
Posted on Thursday March 14, 2019

PITTSBURGH, March 14, 2019 /PRNewswire/ -- CNX Resources Corporation (CNX) ("CNX") today announced the closing of its private placement of $500.0 million of its 7.25% senior notes due 2027 (the "Notes").  The Notes are 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 $400.0 million  aggregate principal amount of its outstanding 5.875% senior notes due 2022 pursuant to the tender offer that commenced concurrently with the offering of the Notes, with the remainder of the net proceeds to be used to repay existing indebtedness under CNX's revolving credit facility. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws.

Ferrellgas Partners (FGP) Misses on Earnings & Revenues in Q2
Posted on Friday March 08, 2019

Ferrellgas Partners' (FGP) fiscal second-quarter 2019 results were hurt by poor segmental performances.

MUFG Beats Credit Suisse to $500 Million Deal Only to Stumble
Posted on Wednesday March 06, 2019

The bank’s securities unit bought $500 million of bonds directly from oil and gas exploration firm CNX Resources Corp., with plans to parcel them off to investors later. Its decision to essentially guarantee the deal’s price allowed it to beat out Credit Suisse Group AG, which had already started gauging investor interest in the company, people familiar with the matter said. MUFG bought the bonds at a more aggressive level than what Credit Suisse was proposing to win the deal, after CNX Resources sought better terms from other banks.