secwatch.observer — SEC 8-K summary
======================================

Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001193125-23-124693
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources reaffirms $2.5B borrowing base, amends credit agreement to allow additional pari passu debt
--------------------------------------------------------------------------------

- Borrowing base reaffirmed at $2.5B and elected commitments maintained at $1.5B.
- Amendment expands negative-covenant exceptions to permit incurrence of additional pari passu debt.
- Technical changes allow potential term loans in addition to existing revolving loans.
- Credit Suisse, New York Branch exits as lender; its commitments terminated to $0.
- Third Amendment dated April 24, 2023, became effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523124693/0001193125-23-124693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523124693/d485064d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-124693

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer