debt
confidence high
sentiment neutral
materiality 0.30
W&T Offshore extends credit agreement maturity to January 31, 2025
W&T OFFSHORE INC
- Twentieth Amendment extends maturity date from Dec 31, 2024 to Jan 31, 2025.
- No borrowings were outstanding under the credit agreement as of Sept 30, 2024.
- $4.4M in letters of credit outstanding, fully cash collateralized.
- Amendment executed Dec 27, 2024; no default or event of default at effectiveness.