secwatch.observer — SEC 8-K summary
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Issuer:     Phoenix Energy One, LLC (PHXE-P)
CIK:        0001818643
Form:       8-K
Filed at:   2026-08-17T20:16:13+00:00
Accession:  0001193125-26-354088
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phoenix Energy One draws $75M under credit facility, amends repayment premium
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- On Aug 12, 2026, entered Amendment No. 10 to senior secured credit agreement, establishing $75M in delayed draw term loan commitments, fully drawn.
- Discretionary availability reduced from $225M to $150M; new commitments carry 3% original issue discount.
- Repayment premium amended: MOIC of 1.15 for certain loans, 1.18 for others, on full repayment.
- Proceeds to finance development of oil and gas properties per approved plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818643/000119312526354088/0001193125-26-354088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818643/000119312526354088/ck0001818643-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-354088

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