Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
EOG RESOURCES INC incurred revolving credit of $1.9 billion with JPMorgan Chase Bank, N.A. (as administrative agent) and the financial institutions named therein at SOFR plus an applicable margin, or the Base Rate plus an applicable margin maturing June 7, 2028.
- Instrument
- revolving credit
- Principal
- $1.9 billion
- Counterparty
- JPMorgan Chase Bank, N.A. (as administrative agent) and the financial institutions named therein
- Rate
- SOFR plus an applicable margin, or the Base Rate plus an applicable margin
- Maturity
- June 7, 2028
- Event
- incurrence
Exact text from the filing
On June 7, 2023, EOG Resources, Inc. (EOG) entered into a $1.9 billion senior unsecured Revolving Credit Agreement (New Facility) among EOG, JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties thereto (Banks) and the other parties thereto. The New Facility replaces EOG’s $2.0 billion senior unsecured Revolving Credit Agreement, dated as of June 27, 2019, among EOG, JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties thereto and the other parties thereto (2019 Facility). The 2019 Facility had a scheduled maturity date of June 27, 2024 and was terminated by EOG (without penalty), effective as of June 7, 2023, in connection with the completion of the New Facility. There were no borrowings or letters of credit outstanding under the 2019 Facility as of the closing of the New Facility and the termination of the 2019 Facility. The 2019 Facility is referenced under Item 9.01 below. The New Facility has a sche
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
EOG RESOURCES INC entered into New Facility with JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties valued at $1.9 billion senior unsecured Revolving Credit Agreement (effective 2023-06-07).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties
- Value
- $1.9 billion senior unsecured Revolving Credit Agreement
- Effective
- 2023-06-07
Exact text from the filing
On June 7, 2023, EOG Resources, Inc. (EOG) entered into a $1.9 billion senior unsecured Revolving Credit Agreement (New Facility) among EOG, JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties thereto (Banks) and the other parties thereto.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
EOG RESOURCES INC terminated 2019 Facility with JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties valued at Termination of $2.0 billion senior unsecured Revolving Credit Agreement dated June 27, 2019 (effective 2023-06-07).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, the financial institutions as bank parties
- Value
- Termination of $2.0 billion senior unsecured Revolving Credit Agreement dated June 27, 2019
- Effective
- 2023-06-07
Exact text from the filing
The 2019 Facility had a scheduled maturity date of June 27, 2024 and was terminated by EOG (without penalty), effective as of June 7, 2023, in connection with the completion of the New Facility.
View on SEC.gov