---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-113482"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:10:49.100027+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Expand Energy achieves Investment Grade status, triggers credit agreement amendment and guarantee release

## Summary
- Achieved Investment Grade Date on Oct 28, 2024, triggering automatic amendment of $2.5B credit agreement and release of all liens and guarantees.
- Credit agreement continues with $2.5B commitments, $500M letter of credit sublimit, and $50M swingline sublimit.
- Term SOFR loans bear interest at SOFR plus 125-187.5 bps (plus 10 bps CSA); commitment fee 15-27.5 bps.
- New covenant: debt-to-capitalization ratio not to exceed 65%; no subsidiary guarantees required.
- Entered five supplemental indentures to release subsidiary guarantees on 2025/2028/2029/2030/2032 senior notes.

## SEC filing metadata
- accession: 0001104659-24-113482
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895126/000110465924113482/0001104659-24-113482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000110465924113482/tm2427195d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-113482
- JSON: https://secwatch.observer/filing/0001104659-24-113482.json
- Plain text: https://secwatch.observer/filing/0001104659-24-113482.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.