secwatch.observer — SEC 8-K summary
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Issuer:     EOG RESOURCES INC (EOG)
CIK:        0000821189
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0000821189-23-000030
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

EOG Resources enters new $1.9B revolving credit facility, replaces $2.0B prior facility
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- New $1.9B unsecured revolving credit facility matures June 7, 2028; can be increased to $3.0B.
- Replaces prior $2.0B facility (scheduled maturity June 2024); no borrowings outstanding at termination.
- Interest based on SOFR plus margin or Base Rate plus margin; margin tied to EOG's credit rating.
- No borrowings drawn under new facility as of filing date.
- Includes swingline and letter of credit subfacilities; financial covenant: total debt/total cap ≤ 65%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821189/000082118923000030/0000821189-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821189/000082118923000030/eog-20230612.htm
  HTML page:      https://secwatch.observer/filing/0000821189-23-000030

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