secwatch.observer — SEC 8-K summary
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Issuer:     RANGE RESOURCES CORP (RRC)
CIK:        0000315852
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228412
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Range Resources enters new $4.0B revolving credit facility with $3.0B borrowing base, maturing 2030
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- New $4.0B max, $3.0B borrowing base, $2.0B commitment credit facility maturing Oct 2, 2030.
- Interest margins from 0.75% to 2.75% over ABR or SOFR depending on Investment Grade or utilization.
- Borrowing base redetermined annually or semi-annually; leverage covenant ≤3.75x or 4.25x.
- Secured by oil & gas properties with PV-9 at least 180% of commitments during non-IG period.
- Replaces prior $2.0B Seventh A&R Credit Agreement dated April 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315852/000119312525228412/0001193125-25-228412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315852/000119312525228412/rrc-20251002.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228412

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