secwatch.observer — SEC 8-K summary
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Issuer:     SANDRIDGE ENERGY INC (SD)
CIK:        0001349436
Form:       8-K
Filed at:   2021-08-13T23:59:59+00:00
Accession:  0001628280-21-016973
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1349436/000162828021016973/0001628280-21-016973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1349436/000162828021016973/sd-20210813.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-016973

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