Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Amplify Energy Corp. amended revolving credit of $150 million with Keybanc Capital Markets Inc., Cadence Bank, N.A. and Citizens Bank, N.A. at adjusted SOFR plus applicable margin ranging from 2.00% to 3.00% for adjusted ba maturing July 31, 2027.
- Instrument
- revolving credit
- Principal
- $150 million
- Counterparty
- Keybanc Capital Markets Inc., Cadence Bank, N.A. and Citizens Bank, N.A.
- Rate
- adjusted SOFR plus applicable margin ranging from 2.00% to 3.00% for adjusted ba
- Maturity
- July 31, 2027
- Event
- amendment
Exact text from the filing
The aggregate principal amount of loans outstanding under the New Credit Facility as of July 31, 2023, was $120 million. The initial borrowing base under the facility is $150 million with elected commitments of $135 million, and, consistent with the prior Revolving Credit Facility, the New Credit Facility borrowing base will be redetermined on a semi-annual
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Amplify Energy Corp. amended New Credit Facility with Keybanc Capital Markets Inc., Cadence Bank, N.A., Citizens Bank, N.A., Keybank National Association valued at amended and restated reserve-based revolving credit facility; borrowing base $150 million; elected c (effective 2023-07-31).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Keybanc Capital Markets Inc., Cadence Bank, N.A., Citizens Bank, N.A., Keybank National Association
- Value
- amended and restated reserve-based revolving credit facility; borrowing base $150 million; elected c
- Effective
- 2023-07-31
Exact text from the filing
On July 31, 2023, the Borrower and Acquisitionco amended and restated the Revolving Credit Facility with Keybanc Capital Markets Inc., Cadence Bank, N.A. and Citizens Bank, N.A. as joint lead arrangers and Keybank National Association as the administrative agent (the “New Credit Facility”).
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