debt
confidence high
sentiment neutral
materiality 0.55
Coterra Energy increases revolving credit facility to $2.0B and extends maturity to 2029
Coterra Energy Inc.
- Aggregate revolving commitments raised from $1.5 billion to $2.0 billion.
- Maturity date extended from March 10, 2028 to September 12, 2029.
- Added four new lenders: Goldman Sachs Bank USA, Mizuho Bank, BOKF NA, KeyBank National Association.
- Amended representations, warranties, covenants, and events of default provisions.