secwatch.observer — SEC 8-K summary
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Issuer:     Riley Exploration Permian, Inc. (REPX)
CIK:        0001001614
Form:       8-K
Filed at:   2026-10-07T20:05:41+00:00
Accession:  0001001614-26-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.02, 2.03, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Riley Exploration prepays $130M of 10.50% notes due 2028, refinances with credit facility borrowings
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- REP LLC prepaid in full $130.0M of 10.50% Senior Unsecured Notes due 2028 at 100% of principal plus accrued interest; no prepayment premium was payable.
- Funded with a $130M draw under the Truist-administered Credit Agreement; total borrowings now $245M against a $425M borrowing base and $400M elected commitments.
- Revolver pricing: adjusted Term SOFR plus 2.75%-3.75%, or Base Rate plus 1.75%-2.75%; unused commitment fee 0.375%-0.500%; maturity December 13, 2028.
- Company expects a non-cash loss on extinguishment from writing off unamortized discount and deferred financing costs; total principal debt is substantially unchanged.
- Credit Agreement borrowings are secured by substantially all of the Company's assets; all Note Purchase Agreement commitments were terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001614/000100161426000053/0001001614-26-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001614/000100161426000053/repx-20261005.htm
  HTML page:      https://secwatch.observer/filing/0001001614-26-000053

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