secwatch.observer — SEC 8-K summary
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Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001193125-23-228643
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources amends credit facility for Earthstone Merger; commitments up to $2B
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- Fourth Amendment excludes up to $1.05B assumed notes and $1B new senior unsecured notes from automatic borrowing base reduction.
- Fifth Amendment waives certain restrictive covenants for Earthstone Merger and increases elected commitments from $1.5B to $2B, subject to closing.
- Read & Stevens, Inc. added as guarantor under supplemental indentures for senior notes (7.75% 2026, 5.875% 2029, etc.) and exchangeable notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523228643/0001193125-23-228643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000119312523228643/d437341d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-228643

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