---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-008711"
form_type: "8-K"
ticker: "WTI"
cik: "0001288403"
company_name: "W&T OFFSHORE INC"
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:55:31.847269+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# W&T Offshore issues $350M 10.750% senior second lien notes due 2029, enters new $50M credit facility

## Summary
- Issued $350M in 10.750% senior second lien notes due Feb 1, 2029; interest payable Feb 1 and Aug 1 starting Aug 1, 2025.
- Entered new $50M revolving credit facility with Texas Capital Bank, maturing July 28, 2028; margins SOFR+3.75% to 4.75%.
- Terminated prior credit facility and prior term loan; redeemed all outstanding 11.750% senior second lien notes due 2026.
- Notes secured by second-priority liens on substantially all oil and gas properties; effectively subordinated to credit facility.
- Credit facility requires quarterly prepayment and hedging if revolving exposure exceeds $20M.

## SEC filing metadata
- accession: 0001104659-25-008711
- form_type: 8-K
- ticker: WTI
- cik: 0001288403
- company_name: W&T OFFSHORE INC
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288403/000110465925008711/0001104659-25-008711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288403/000110465925008711/tm254674d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-008711
- JSON: https://secwatch.observer/filing/0001104659-25-008711.json
- Plain text: https://secwatch.observer/filing/0001104659-25-008711.txt

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