---
schema_version: "secwatch.filing_event.v1"
accession: "0000893538-26-000037"
form_type: "8-K"
ticker: "SM"
cik: "0000893538"
company_name: "SM Energy Co"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T10:00:45.519410+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SM Energy upsizes tender offer to $1B; $783.6M notes tendered early

## Summary
- Early tender results: $783.6M (58.04% of outstanding) tendered for 8.375% Senior Notes due 2028.
- Maximum tender amount increased from $750M to $1B; early tender premium extended to expiration.
- Total consideration of $1,031.75 per $1,000 principal includes $50 early tender premium; settlement for early tenders on March 19, 2026.
- Notes originally issued by Civitas Resources, assumed in merger; expiration date April 1, 2026.
- BofA Securities serving as dealer manager.

## SEC filing metadata
- accession: 0000893538-26-000037
- form_type: 8-K
- ticker: SM
- cik: 0000893538
- company_name: SM Energy Co
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893538/000089353826000037/0000893538-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893538/000089353826000037/sm-20260318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893538-26-000037
- JSON: https://secwatch.observer/filing/0000893538-26-000037.json
- Plain text: https://secwatch.observer/filing/0000893538-26-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.