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SM Energy Co. has amended its pending offers to exchange its outstanding notes listed in the table below for newly issued 10.00% senior secured notes due 2025 after reaching an agreement with certain holders of the Old Notes.
The maximum principal amount of New Notes to be issued in the Exchange Offers is $532.9 million, which, together with the New Notes to be issued in the private exchanges with certain holders of Old Notes referred to below, would amount to a maximum of $800 million principal amount of New Notes.
The following table sets forth the new terms to be offered to eligible holders of the Old Notes in the Exchange Offers, as amended:
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