EQT plans to sell $300 million of senior notes due 2029

Chicago, Oct. 30 – EQT Corp. entered the primary market on Friday with a $300 million offering of fixed-rate senior notes due 2029, according to a 424B5 filing with the Securities and Exchange Commission.

The notes have a make-whole call and a par call.

Should a change-of-control event occur, the notes will be repurchased at 101.

Joint bookrunners for the offering are BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC, Barclays, BMO Capital Markets Corp., J.P. Morgan Securities LLC, MUFG, PNC Capital Markets LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc.

Co-managers are Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., BNY Mellon Capital Markets, LLC, CIBC World Markets Corp., Citizens Capital Markets, Inc. and Huntington Securities, Inc.

EQT plans to use the proceeds to partially fund the Chevron acquisition with the remainder of funds coming from its revolving credit facility.

The integrated energy company is based in Pittsburgh.

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