secwatch.observer — SEC 8-K summary
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Issuer:     MACH NATURAL RESOURCES LP (MNR)
CIK:        0001980088
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001213900-25-018026
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mach Natural Resources closes new $750M reserve-based revolver, repays prior debt
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- New $750M borrowing base revolving credit facility with ten banks; Truist Bank as admin agent; matures Feb 27, 2029.
- Interest rate: Term SOFR +3.00%-4.00% or base rate +2.00%-3.00%, based on borrowing base utilization.
- Proceeds from new facility, recent equity offering (Feb 7, 2025), and cash on hand used to repay and terminate prior term loan and revolver.
- Approximately $23M outstanding under existing MidFirst Bank revolver was repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1980088/000121390025018026/0001213900-25-018026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1980088/000121390025018026/ea0232293-8k_mach.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-018026

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