EQT Extends Exchange Offer Deadline and Waives Consent Condition

EQT Corporation has extended the deadline for its exchange offers and consent solicitations related to EQM Midstream Partners’ outstanding notes. The new expiration date is March 28, 2025, with settlement expected on April 2. EQT also waived a previous condition requiring full consent on proposed indenture amendments, despite not receiving enough consents for EQM’s 5.500% senior notes due 2028.

As of March 7, most noteholders had already tendered, with participation exceeding 97% for several series. The initiative is part of EQT’s plan to streamline its debt structure.

All other terms remain unchanged. The offers are only available to qualified institutional buyers or non-U.S. persons.