Sandridge Energy enters swap intercreditor agreement securing swap obligations with J. Aron

SANDRIDGE ENERGY INC

Entered into Swap Intercreditor Agreement on Aug 11, 2021 with J. Aron & Company LLC and Icahn Agency Services LLC.
Grants first-priority, pari passu liens on collateral to secure swap obligations under ISDA Master Agreement dated Aug 9, 2021.
Follows July 26, 2021 credit facility amendment that permitted liens on swap counterparties.
Sets lien priorities, enforcement rights, and proceeds application between lenders and swap counterparty.

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