---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-032605"
form_type: "8-K"
ticker: "REI"
cik: "0001384195"
company_name: "RING ENERGY, INC."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-18T23:27:34.636505+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ring Energy extends credit facility to June 2029, borrowing base affirmed at $585M

## Summary
- Borrowing base set at $585M under $1.0B senior secured credit facility (down from $600M).
- Maturity extended 34 months to June 2029; Bank of America named new Administrative Agent.
- Applicable margin pricing grid reduced by 25 basis points; Citibank added to syndicate.
- CEO notes focus on using free cash flow to reduce debt and acquire high-margin assets.
- Next scheduled redetermination in fall 2025.

## SEC filing metadata
- accession: 0001628280-25-032605
- form_type: 8-K
- ticker: REI
- cik: 0001384195
- company_name: RING ENERGY, INC.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384195/000162828025032605/0001628280-25-032605-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384195/000162828025032605/rei-20250618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-032605
- JSON: https://secwatch.observer/filing/0001628280-25-032605.json
- Plain text: https://secwatch.observer/filing/0001628280-25-032605.txt

## Key facts
- Debt Financings
  RING ENERGY, INC. amended revolving credit of $585 million with Bank of America, N.A. (as Administrative Agent) and the lenders at reduces the applicable margin pricing grid by 25 basis points maturing June 18, 2029.
  - Instrument: revolving credit
  - Principal: $585 million
  - Counterparty: Bank of America, N.A. (as Administrative Agent) and the lenders
  - Rate: reduces the applicable margin pricing grid by 25 basis points
  - Maturity: June 18, 2029
  - Event: amendment
  source text: reduces the borrowing base and aggregate elected commitment from $600 million to $585 million; extends the maturity date of the Credit Agreement from August 31, 2026 to June 18, 2029; reduces the applicable margin pricing grid by 25 basis points
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384195/000162828025032605/0001628280-25-032605-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
