debt
confidence high
sentiment positive
materiality 0.45
Permian Resources amends credit facility, reaffirms $4B borrowing base, adds investment-grade pricing grids
Permian Resources Corp
- Reaffirmed borrowing base at $4.0B and aggregate elected revolving commitments at $2.5B.
- Added a new pricing grid that reduces margins if Fitch rates Permian BBB- or better.
- Defines 'Investment Grade Period' with further reduced margins if Moody's/S&P rates reach Baa3/BBB-.
- Amendment effective Oct 24, 2025; borrowing capacity unchanged immediately.