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:
Related Categories :
Debt Exchange/Swaps
More Debt Exchange/Swaps News
-
Hedge Fund Buys $33MM Debt Load from Bakken-Focused E&P
-
Centennial Finalizes $450MM Debt Swap Transaction
-
Diamondback Subsidiary Energen Launches $400MM Debt Exchange
-
Centennial Resources Offering Debt Swap -
-
Private Equity Firm Rescues Haynesville Driller -
Permian News >>>
-
Oilfield Services Talk What To Expect In Remainder of 2024 -
-
Large Permian E&P Talks 1Q'24; 282 Wells Planned for 2024 -
-
Seventeen (17) E&Ps; To Use 47 Frac Crews To Complete 2,800 Wells In 2024
-
These Permian Operators Plan to Complete/Frac 2,100 Wells IN 2024
-
Large E&P Chops Permian/Anadarko Basin Frac Activity by 30% In 2024
Permian - Midland Basin News >>>
-
Permian E&P Ups 2024 Well Completed by +27% vs. 2023
-
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside -
-
New Permian E&P Company Score Capital; On The Hunt For Assets -
-
Chevron To Cut D&C Activity in U.S. Shale In 2024; Here is Where. -
-
An Early Look at Company 2024 Capital & Development Plans