Magnolia Oil & Gas unit plans USD 500 million senior notes due 2034 offering
MGY•Senior notes offering to fund WildFire acquisition
Magnolia Oil & Gas Operating LLC launched a USD 500 million private offering of senior unsecured notes due 2034.
Proceeds are earmarked for cash consideration in the planned acquisition of WildFire Intermediate Holdings.
The funding package also includes a Magnolia equity offering expected to close July 22, 2026, as well as revolver borrowings and cash on hand.
