secwatch.observer — SEC 8-K summary
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Issuer:     LandBridge Co LLC (LB)
CIK:        0001995807
Form:       8-K
Filed at:   2025-11-25T23:59:59+00:00
Accession:  0001193125-25-297002
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LandBridge subsidiary closes $500M 6.25% senior notes due 2030, to refinance existing debt
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- DBR Land Holdings issued $500M of 6.250% Senior Notes due 2030 in a private placement.
- Net proceeds plus revolver borrowings will repay existing credit facility ($370.2M outstanding as of Sep 30, 2025).
- Notes are senior unsecured, guaranteed by existing subsidiaries, redeemable at 106.25% before Dec 2027.
- Notes sold under Rule 144A/Reg S; not registered under Securities Act.
- Change-of-control put at 101% if downgrade by two rating agencies occurs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1995807/000119312525297002/0001193125-25-297002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1995807/000119312525297002/d39508d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-297002

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