secwatch / observer
8-K filed April 2, 2024, 7:59 PM ET ticker HPK CIK 0001792849
debt confidence high sentiment neutral materiality 0.45

HighPeak Energy, Inc. (HPK): debt financing — HighPeak Energy increases credit facility from $75M to $100M

HighPeak Energy, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HighPeak Energy, Inc. amended credit facility of increase the aggregate amount of the commitments from $75 million to $100 million with Fifth Third Bank, National Association.

Instrument
credit facility
Principal
increase the aggregate amount of the commitments from $75 million to $100 million
Counterparty
Fifth Third Bank, National Association
Event
amendment
Exact text from the filing
On March 29, 2024, HighPeak Energy, Inc. (the “Company”), as borrower, Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto entered into that certain First Amendment to Credit Agreement (the “Credit Agreement Amendment”), which upon effectiveness, amended that certain Credit Agreement, dated as of November 1, 2023 (as amended, restated, amended and restated, supplemented or otherwise modified by the Credit Agreement Amendment, the “Credit Agreement”), by and among the Company, Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto to, among other things, increase the aggregate amount of the commitments from $75 million to $100 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HighPeak Energy, Inc. amended First Amendment to Credit Agreement with Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto valued at from $75 million to $100 million (effective 2024-03-29).

Action
amendment
Agreement
credit facility
Counterparty
Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto
Value
from $75 million to $100 million
Effective
2024-03-29
Exact text from the filing
On March 29, 2024, HighPeak Energy, Inc. (the “Company”), as borrower, Fifth Third Bank, National Association, as administrative agent, the guarantors party thereto and the lenders party thereto entered into that certain First Amendment to Credit Agreement (the “Credit Agreement Amendment”), which upon effectiveness, amended that certain Credit Agreement, dated as of November 1, 2023
View on SEC.gov

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HighPeak Energy, Inc. filing history →

Source: SEC EDGAR
accession 0001437749-24-010594
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