secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001104659-24-129397
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra closes $1.5B senior note offering to fund pending acquisitions
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- Issued $750M of 5.40% senior notes due 2035 and $750M of 5.90% senior notes due 2055.
- Proceeds will support acquisitions of Franklin Mountain Energy and Avant Natural Resources assets.
- Notes subject to special mandatory redemption at 101% if either acquisition fails to close by Feb–Mar 2025.
- Notes are senior unsecured, rank equally with existing senior debt.
- Closing occurred December 17, 2024; trustee is U.S. Bank Trust Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000110465924129397/0001104659-24-129397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000110465924129397/tm2431118d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-129397

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