secwatch.observer — SEC 8-K summary
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Issuer:     W&T OFFSHORE INC (WTI)
CIK:        0001288403
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001104659-23-062760
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W&T Offshore enters Twelfth Amendment to credit agreement, adds two guarantor subsidiaries
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- Twelfth Amendment dated May 15, 2023 amends Sixth Amended and Restated Credit Agreement.
- Excludes interests in TVPX 12372 Business Trust and TVPX 12371 Statutory Trust from collateral.
- Falcon Aero Holdco LLC and Falcon Aero Holdings LLC added as guarantors.
- No borrowings outstanding under the credit agreement as of March 31, 2023; $4.4M in cash-collateralized letters of credit.
- No borrowings incurred during Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288403/000110465923062760/0001104659-23-062760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288403/000110465923062760/tm2315535d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-062760

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