Matador Resources Announces Successful RBL Redetermination and Increase in San Mateo Bank Commitments [Yahoo! Finance]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: Yahoo! Finance
redetermination of the borrowing base under Matador's reserves-based loan credit facility (the "RBL") at $3.25 billion by the nineteen members of Matador's bank group and (ii) that the sixteen lenders under San Mateo Midstream, LLC's ("San Mateo") revolving credit facility have unanimously agreed to not only renew their commitment but also to increase their commitments by $250 million from $850 million to $1.10 billion. Unanimous Lender Support for Borrowing Base Redetermination Matador is pleased to formally announce that as part of the fall 2025 redetermination process, Matador's nineteen commercial lenders unanimously reaffirmed the Company's borrowing base under its RBL at $3.25 billion. Matador's ‘elected commitment' remained constant at $2.25 billion, but Matador did achieve a slight reduction in its borrowing costs under the RBL. Joseph Wm. Foran, Matador's Founder, Chairman and CEO, commented, "We are very pleased to receive the unanimous support from our bank group for
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PNC
Earnings
- 10/15/25 - Beat
PNC
Sec Filings
- 12/12/25 - Form 8-K
- 12/9/25 - Form 4
- 11/25/25 - Form 144
- PNC's page on the SEC website