secwatch / observer
8-K filed June 6, 2023, 7:59 PM ET CIK 0001602065
debt confidence high sentiment neutral materiality 0.55

VNOM Sub, Inc.: debt financing — Viper Energy boosts credit facility: borrowing base to $1B, commitments to $750M

VNOM Sub, 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

VNOM Sub, Inc. amended credit facility of increased the aggregate elected commitment amount from $500 million to $750 million with Wells Fargo Bank, National Association.

Instrument
credit facility
Principal
increased the aggregate elected commitment amount from $500 million to $750 million
Counterparty
Wells Fargo Bank, National Association
Event
amendment
Exact text from the filing
On May 31, 2023, Viper Energy Partners LLC, as borrower, and Viper Energy Partners LP, as guarantor (“Viper”), entered into a tenth amendment (the “Amendment”) to the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of July 20, 2018, with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto, as subsequently amended, supplemented or otherwise modified. The Amendment, among other things, increased the borrowing base from $580 million to $1 billion and increased the aggregate elected commitment amount from $500 million to $750 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VNOM Sub, Inc. amended tenth amendment (the "Amendment") to the Amended and Restated Senior Secured Revolving Credit Agreement with Wells Fargo Bank, National Association (effective 2023-05-31).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Effective
2023-05-31
Exact text from the filing
On May 31, 2023, Viper Energy Partners LLC, as borrower, and Viper Energy Partners LP, as guarantor (“Viper”), entered into a tenth amendment (the “Amendment”) to the Amended and Restated Senior Secured Revolving Credit Agreement
View on SEC.gov

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Source: SEC EDGAR
accession 0001602065-23-000024
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