secwatch.observer — SEC 8-K summary
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Issuer:     MURPHY OIL CORP (MUR)
CIK:        0000717423
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0000717423-22-000074
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Murphy Oil enters $800M revolving credit facility maturing Nov 2027
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- $800M senior unsecured revolving credit facility maturing November 2027.
- Interest based on SOFR plus spread determined by Moody's/S&P ratings.
- Pre-investment grade: max leverage 3.50x, min interest coverage 2.50x.
- Post-investment grade: max debt-to-capitalization 60%.
- Prior 2018 credit agreement terminated effective November 17, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/0000717423-22-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717423/000071742322000074/mur-20221117.htm
  HTML page:      https://secwatch.observer/filing/0000717423-22-000074

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