secwatch.observer — SEC 8-K summary
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Issuer:     SM Energy Co (SM)
CIK:        0000893538
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0000893538-26-000037
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893538/000089353826000037/0000893538-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893538/000089353826000037/sm-20260318.htm
  HTML page:      https://secwatch.observer/filing/0000893538-26-000037

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