secwatch.observer — SEC 8-K summary
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Issuer:     PHX MINERALS INC. (—)
CIK:        0000315131
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000950170-24-045600
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PHX Minerals extends credit facility maturity to Sept 2028; borrowing base reaffirmed at $50M
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- Maturity date extended from Sept 1, 2025 to Sept 1, 2028 via Sixth Amendment to Credit Agreement.
- Borrowing base reaffirmed at $50 million, constituting the periodic redetermination for June 1, 2024.
- Extension fee of $250,000 paid; committed sums total $50M among three lenders.
- Lenders: Independent Bank ($25M), MidFirst Bank ($15M), UMB Bank ($10M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/0000950170-24-045600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/phx-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-045600

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