Matador Resources Secures $3.25 Billion RBL Redetermination and Increases San Mateo Credit Facility to $1.1 Billion

Reuters12-11
<a href="https://laohu8.com/S/MTDR">Matador Resources</a> Secures $3.25 Billion RBL Redetermination and Increases San Mateo Credit Facility to $1.1 Billion

Matador Resources Company has announced the successful unanimous redetermination of its reserves-based loan credit facility (RBL), maintaining the borrowing base at $3.25 billion as agreed by its nineteen-bank group. The company's elected commitment under the RBL remains at $2.25 billion, with a slight reduction in borrowing costs. Additionally, the revolving credit facility for San Mateo Midstream, LLC-a joint venture 51% owned by Matador-has seen lender commitments increased by 29%, from $850 million to $1.10 billion. These developments reflect strong lender support and provide Matador with approximately $2 billion in available liquidity as of September 30, 2025.

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