secwatch.observer — SEC 8-K summary
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Issuer:     Permian Resources Corp (PR)
CIK:        0001658566
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001658566-24-000043
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permian Resources increases credit facility commitments to $2.5B, reaffirms $4.0B borrowing base
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- Borrowing base reaffirmed at $4.0 billion; aggregate elected commitments raised from $2.0B to $2.5B.
- Added Goldman Sachs Bank USA and Morgan Stanley Bank, N.A. as new lenders under the credit agreement.
- Redetermination date for spring 2025 extended by one year (to April 24, 2025) per Section 9.02(l) amendment.
- No borrowing base deficiency, default, or event of default exists after amendment; existing guarantors reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1658566/000165856624000043/0001658566-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1658566/000165856624000043/pr-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001658566-24-000043

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