Magnolia Oil & Gas Operating, Magnolia Oil & Gas Finance Intend To Offer $500M Senior Notes Due 2034
Magnolia Oil & Gas Operating LLC ("Magnolia Operating") and Magnolia Oil & Gas Finance Corp., a subsidiary of Magnolia Operating, ("Finance Corp." and, together with Magnolia Operating, the
Magnolia Oil & Gas plans to borrow $500 million by selling bonds—basically, a way for them to get money they'll pay back over time. When a company borrows money like this, you can watch to see if they use it wisely on their business, or if it makes them riskier.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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