---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-025261"
form_type: "8-K"
ticker: "SM"
cik: "0000893538"
company_name: "SM Energy Co"
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T18:28:05.615862+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SM Energy issues $1.0B of 6.625% Senior Notes due 2034

## Summary
- $1.0B aggregate principal amount, 6.625% coupon, matures April 15, 2034.
- Interest payable semi-annually on April 15 and Oct 15, starting Oct 15, 2026.
- Make-whole redemption prior to April 15, 2029; then step-down premiums (103.313%, 101.656%, 100%).
- Notes are unregistered, guaranteed by subsidiary guarantors; covenants restrict debt, dividends, asset sales, liens, affiliate transactions.
- Event of default triggers include payment defaults, bankruptcy, unpaid judgments over $100M, and guarantee cessation.

## SEC filing metadata
- accession: 0001104659-26-025261
- form_type: 8-K
- ticker: SM
- cik: 0000893538
- company_name: SM Energy Co
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/tm267946d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-025261
- JSON: https://secwatch.observer/filing/0001104659-26-025261.json
- Plain text: https://secwatch.observer/filing/0001104659-26-025261.txt

## Source-grounded claims
- claim_id: c0208dbc580d6e833f24496a8471bed61abbc71d
  claim: SM Energy Co incurred senior notes of $1.0 billion with initial purchasers at 6.625% per annum maturing April 15, 2034.
  evidence_excerpt: On March 9, 2026, SM Energy Company (the " Company ") issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the " Notes "), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the " Subsidiary Guarantors ") and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the " Initial Purchasers ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm
- claim_id: c22c93e29c851abc89a8140bdbad4fa2865b59b1
  claim: SM Energy Co entered into Indenture for 6.625% Senior Notes due 2034 with U.S. Bank Trust Company, National Association valued at $1,000,000,000 aggregate principal amount of 6.625% Senior Notes due 2034; maturity April 15, 2034; (effective 2026-03-09).
  evidence_excerpt: On March 9, 2026, the Company entered into the Indenture relating to the Notes (the “ Indenture ”), with the guarantors party thereto and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “ Trustee ”), governing the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm
- claim_id: ef504b200b0433ca1a7f0dfa4fb8a085eb2643e5
  claim: SM Energy Co entered into Purchase Agreement for 6.625% Senior Notes due 2034 with BofA Securities, Inc. valued at $1,000,000,000 aggregate principal amount of 6.625% Senior Notes due 2034 (effective 2026-03-04).
  evidence_excerpt: On March 9, 2026, SM Energy Company (the “ Company ”) issued and sold $1.0 billion in aggregate principal amount of the Company’s 6.625% Senior Notes due 2034 (the “ Notes ”), pursuant to a Purchase Agreement, dated March 4, 2026, among the Company, the guarantors party thereto (the “ Subsidiary Guarantors ”) and BofA Securities, Inc., acting as representative of the several initial purchasers named therein (the “ Initial Purchasers ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/893538/000110465926025261/0001104659-26-025261-index.htm

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