CNX Resources Corporation’s $200 Million Notes Offering

Vinson & Elkins advised the initial purchasers in connection with the offering.

CNX Resources Corporation (the “Company”) and certain subsidiaries of the Company entered into a purchase agreement (the “Purchase Agreement”) with BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers named therein (the “Initial Purchasers”), with respect to a private offering (the “Notes Offering”) by the Company of $200,000,000 aggregate principal amount of 7.250% senior notes due 2027 (the “Notes”), along with the related guarantees of the Notes. The Notes Offering is expected to close on or about September 22, 2020, in accordance with the terms of the Purchase Agreement.

The V&E corporate team was led by partners Doug McWilliams (Picture), David Stone and Thomas Zentner with assistance from senior associates Raleigh Wolfe and Andrew Schulte and associates Todd Hartis, David Lassetter and Miles Fortenberry. Also advising were partners Wendy Salinas and James Meyer and associate Liz Synder; partner Casey Hopkins and senior associate Lindsay Hall; and senior associate Alexander Kamel and associate Danial Abbasi.

Involved fees earner: Danial Abbasi – Vinson & Elkins LLP; Miles Fortenberry – Vinson & Elkins LLP; Lindsay Hall – Vinson & Elkins LLP; Todd Hartis – Vinson & Elkins LLP; George Hopkins – Vinson & Elkins LLP; Alexander Kamel – Vinson & Elkins LLP; David Lassetter – Vinson & Elkins LLP; Douglas McWilliams – Vinson & Elkins LLP; James Meyer – Vinson & Elkins LLP; Andrew Schulte – Vinson & Elkins LLP; Liz Snyder – Vinson & Elkins LLP; David Stone – Vinson & Elkins LLP; Wendy Trahan Salinas – Vinson & Elkins LLP; Raleigh Wolfe – Vinson & Elkins LLP; Thomas Zentner – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Bank of America Securities; Wells Fargo Securities;

Author: Ambrogio Visconti