secwatch.observer — SEC 8-K summary
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Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001001614-23-000014
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riley Permian closes $330M New Mexico acquisition with $200M 10.5% notes
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- Acquired oil and gas assets from Pecos Oil & Gas for $330M; funded by $200M in 10.5% senior unsecured notes due 2028 and revolver borrowings.
- Senior notes issued at a 6% discount; redeemable with a 5.25% premium before April 2026.
- Credit facility borrowing base increased by $100M to $325M via 14th amendment.
- Company expects to file acquired financial statements and pro forma info within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000014/0001001614-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161423000014/repx-20230403.htm
  HTML page:      https://secwatch.observer/filing/0001001614-23-000014

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