- Magnolia Oil & Gas Operating (MGY) and Magnolia Oil & Gas Finance launched a private offering of $500M in senior unsecured notes due 2034.
- Net proceeds, together with proceeds from Magnolia's Class A common stock offering, revolving credit borrowings, and cash on hand, will fund the company's acquisition of WildFire Intermediate Holdings.
- Magnolia's Class A common stock offering is expected to close on July 22, 2026.
- The financing supports Magnolia's planned acquisition of 100% of WildFire Intermediate Holdings.
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