Gulfport Energy amends credit facility, boosts liquidity by over $160M, extends maturity to Oct 2025

GULFPORT ENERGY CORP

Aggregate lender commitments increased from $580M to $700M; borrowing base remains $850M.
Maturity extended from May 2024 to October 2025; semiannual redeterminations begin May 1, 2022.
Pro forma liquidity at Sept 30, 2021: $389M ($4M cash + $385M available borrowing capacity).
100 bps LIBOR floor eliminated; pricing grid reduced by 25 bps at each utilization level.
Permitted to repurchase up to $150M senior notes and make restricted payments under conditions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.