{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-282884","form_type":"8-K","ticker":"DVN","cik":"0001090012","company_name":"DEVON ENERGY CORP/DE","filed_at":"2026-06-25T20:34:24+00:00","discovered_at":"2026-06-25T20:35:00.472233+00:00","generated_at":"2026-06-25T20:35:16.771334+00:00","sec_items":["1.01","8.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Devon completes $2.94B debt exchange, issues new notes at 3.9%-5.9% across 5 series","bullets":["Settled exchange of ~$2.94B aggregate principal of existing Coterra notes for new Devon notes plus cash on June 25, 2026.","Issued $627M 3.9% notes due 2027, $448M 4.375% notes due 2029, $466M 5.6% notes due 2034, $672M 5.4% notes due 2035, $734M 5.9% notes due 2055.","New notes are unsecured and rank equally with Devon's other unsecured debt; remaining existing Coterra notes outstanding after settlement are ~$282M.","Entered registration rights agreement with Wells Fargo, BofA, Citi; must use commercially reasonable efforts to file exchange offer registration statement within 450 days.","Devon may pay up to 1% additional interest on new notes if exchange registration not completed within 450 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-282884","json":"https://secwatch.observer/filing/0001193125-26-282884.json","markdown":"https://secwatch.observer/filing/0001193125-26-282884.md","text":"https://secwatch.observer/filing/0001193125-26-282884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090012/000119312526282884/0001193125-26-282884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090012/000119312526282884/d162931d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T20:35:16.771334+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}