CNX Resources Corporation (NYSE: CNX) ("CNX") today announced the pricing of $500.0 million of its 7.25% senior notes due 2027. The offering is expected to close on March 14, 2019, subject to the satisfaction of customary closing conditions. The Notes will be guaranteed by all of CNX's wholly-owned domestic restricted subsidiaries that guarantee its revolving credit facility.

CNX intends to use the net proceeds of the sale of the Notes to purchase up to $400.0 million aggregate principal amount of its outstanding 5.875% senior notes due 2022 pursuant to the tender offer that commenced concurrently with the offering of the Notes, with the remainder of the net proceeds to be used to repay existing indebtedness under CNX's revolving credit facility.

About CNX Resources Corporation

CNX Resources Corporation (NYSE: CNX) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the Appalachian basin.