secwatch.observer — SEC 8-K summary
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Issuer:     W&T OFFSHORE INC (WTI)
CIK:        0001288403
Form:       8-K
Filed at:   2024-05-30T23:59:59+00:00
Accession:  0001104659-24-066706
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W&T Offshore extends credit facility maturity by one month to June 30, 2024; no borrowings
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- Extended maturity date from May 31, 2024 to June 30, 2024 via Eighteenth Amendment.
- As of March 31, 2024, no borrowings outstanding; $4.4M in cash-collateralized letters of credit.
- Amendment with sole lender Calculus Lending, LLC and administrative agent Alter Domus.
- Short one-month extension indicates ongoing efforts to secure longer-term refinancing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288403/000110465924066706/0001104659-24-066706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288403/000110465924066706/tm2415755d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-066706

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