---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-081292"
form_type: "8-K"
ticker: "RES"
cik: "0000742278"
company_name: "RPC INC"
filed_at: "2026-07-07T20:27:42+00:00"
generated_at: "2026-07-07T20:29:07.216270+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RPC amends credit agreement, extends maturity to 2031, removes SOFR adjustment

## Summary
- Amended and restated $100M revolving credit facility; termination date extended from June 2027 to June 30, 2031.
- Removed SOFR Adjustment from pricing; margins remain 1.25%-2.25% (Term SOFR) and 0.25%-1.25% (Base Rate) based on leverage.
- Financial covenants unchanged: leverage ratio ≤2.50x and debt service coverage ≥2.00x when EBITDA ≥$50M; else tangible net worth ≥$400M.
- Commitment fee on unused portion remains 0.20%-0.30% per annum based on leverage ratio.

## SEC filing metadata
- accession: 0001104659-26-081292
- form_type: 8-K
- ticker: RES
- cik: 0000742278
- company_name: RPC INC
- filed_at: 2026-07-07T20:27:42+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742278/000110465926081292/0001104659-26-081292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742278/000110465926081292/res-20260630x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-081292
- JSON: https://secwatch.observer/filing/0001104659-26-081292.json
- Plain text: https://secwatch.observer/filing/0001104659-26-081292.txt

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