other
confidence high
sentiment positive
materiality 0.55
Chord Energy affirms $3.0B borrowing base, extends debt incurrence ability by one year
Chord Energy Corp
- Borrowing base reaffirmed at $3.0 billion; elected revolving commitments remain $1.5 billion.
- Sixth Amendment extends deadline to incur Permitted Pari/Junior Lien Term Loan Debt to Dec. 1, 2025.
- Next borrowing base redetermination expected in or around April 2025.
- No defaults or events of default occurred as of the amendment effective date.