{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-055975","form_type":"8-K","ticker":null,"cik":"0001509589","company_name":"CIVITAS RESOURCES, INC.","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.542696+00:00","generated_at":"2026-05-20T01:28:45.264077+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Civitas Resources issues $750M of 9.625% Senior Notes due 2033 to repay credit facility","bullets":["Principal amount $750M, interest rate 9.625% per annum, maturing June 15, 2033.","Interest payable semi-annually on June 15 and Dec 15, beginning Dec 15, 2025.","Net proceeds to repay outstanding borrowings under company's credit facility.","Notes are senior unsecured, fully and unconditionally guaranteed by existing subsidiaries.","Optional redemption at make-whole premium before June 2028, then at 104.813% declining to par."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-055975","json":"https://secwatch.observer/filing/0001104659-25-055975.json","markdown":"https://secwatch.observer/filing/0001104659-25-055975.md","text":"https://secwatch.observer/filing/0001104659-25-055975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925055975/0001104659-25-055975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925055975/tm2516904d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:28:45.264077+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"379dbf3abaf67dfae8bafbe73b7528a6350893ce","claim":"CIVITAS RESOURCES, INC. incurred senior notes of $750,000,000 aggregate principal amount with Computershare Trust Company, N.A., as trustee at 9.625% per annum maturing June 15, 2033.","evidence_excerpt":"completed its previously announced offering (the “Offering”) of $750,000,000 aggregate principal amount of 9.625% Senior Notes due 2033 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1509589/000110465925055975/0001104659-25-055975-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750,000,000 aggregate principal amount"},{"label":"Counterparty","value":"Computershare Trust Company, N.A., as trustee"},{"label":"Rate","value":"9.625% per annum"},{"label":"Maturity","value":"June 15, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}