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8-K filed October 6, 2023, 7:59 PM ET ticker EGY CIK 0000894627
debt confidence medium sentiment neutral materiality 0.25

VAALCO amends credit facility to replace LIBOR with SOFR interest benchmark

VAALCO ENERGY INC /DE/

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VAALCO ENERGY INC /DE/ amended Credit Facility with Glencore Energy UK Ltd., as mandated lead arranger, technical bank and facility agent, the Law Debenture Trust Corporation P.L.C., as security agent, and the other financial institutions named therein (effective 2023-10-03).

Action
amendment
Agreement
credit facility
Counterparty
Glencore Energy UK Ltd., as mandated lead arranger, technical bank and facility agent, the Law Debenture Trust Corporation P.L.C., as security agent, and the other financial institutions named therein
Effective
2023-10-03
Exact text from the filing
On October 3, 2023, VAALCO Gabon (Etame), Inc. (the "Borrower"), a wholly owned subsidiary of VAALCO Energy, Inc. (the "Company"), entered into an amended and restated facility agreement (the "Credit Facility") that amends and restates the Facility Agreement dated May 16, 2022 (the "Initial Credit Facility"), by and among the Company, VAALCO Gabon, SA, Glencore Energy UK Ltd., as mandated lead arranger, technical bank and facility agent, the Law Debenture Trust Corporation P.L.C., as security agent, and the other financial institutions named therein.
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Source: SEC EDGAR
accession 0001437749-23-027850
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