secwatch / observer
8-K filed March 28, 2023, 7:59 PM ET ticker DVN CIK 0001090012
debt confidence high sentiment neutral materiality 0.40

DEVON ENERGY CORP/DE (DVN): debt financing — Devon Energy enters $3B revolving credit facility with 2028 maturity

DEVON ENERGY CORP/DE

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DEVON ENERGY CORP/DE incurred revolving credit of $3.0 billion with Bank of America, N.A. maturing March 24, 2028.

Instrument
revolving credit
Principal
$3.0 billion
Counterparty
Bank of America, N.A.
Maturity
March 24, 2028
Event
incurrence
Exact text from the filing
On March 24, 2023, Devon Energy Corporation (the “Company”) entered into an amended and restated credit agreement (the “Credit Agreement”) among the Company, as the borrower, each lender from time to time party thereto (collectively, the “Lenders”), each letter of credit issuer from time to time party thereto and Bank of America, N.A., as administrative agent and swing line lender, providing for a $3.0 billion revolving credit facility.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

DEVON ENERGY CORP/DE amended Credit Agreement with Bank of America, N.A. valued at $3.0 billion (effective 2023-03-24).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
$3.0 billion
Effective
2023-03-24
Exact text from the filing
On March 24, 2023, Devon Energy Corporation (the “Company”) entered into an amended and restated credit agreement (the “Credit Agreement”) among the Company, as the borrower, each lender from time to time party thereto (collectively, the “Lenders”), each letter of credit issuer from time to time party thereto and Bank of America, N.A., as administrative agent and swing line lender, providing for a $3.0 billion revolving credit facility.
View on SEC.gov

41 debt financings filed in the last 30 days. Browse all debt financings →

DEVON ENERGY CORP/DE filing history →

Source: SEC EDGAR
accession 0001193125-23-082221
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