eqt corporation (nyse: eqt) announced the pricing of its tender offer for its outstanding 3.900% senior notes due 2027. the company is offering to purchase these notes for cash, with a total consideration of $987.82 per $1,000 principal amount for those tendered by march 7, 2025. the early settlement date for accepted notes is expected to be march 12, 2025.

eqt has set a tender cap of $750 million, adjusting based on concurrent offers involving eqm midstream partners, lp’s 6.500% senior notes due 2027. as the total value of notes tendered exceeded the cap, eqt will accept notes on a pro-rata basis, and no additional notes are expected to be purchased after the early tender date.

the tender offer is subject to the terms detailed in eqt's offer to purchase, with j.p. morgan securities and td securities serving as lead dealer managers.