secwatch / observer
8-K filed April 4, 2024, 7:59 PM ET ticker GRNT CIK 0001928446
debt confidence high sentiment positive materiality 0.55

Granite Ridge Resources, Inc. (GRNT): debt financing — Granite Ridge boosts credit facility borrowing base to $300M, adds 9 new banks

Granite Ridge Resources, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Granite Ridge Resources, Inc. amended credit facility of $300.0 million with Bank of America, N.A..

Instrument
credit facility
Principal
$300.0 million
Counterparty
Bank of America, N.A.
Event
amendment
Exact text from the filing
pointment, Assignment and Third Amendment to Credit Agreement (the “Third Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as resigning administrative agent, Bank of America, N.A. (“Bank of America”), as successor administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Granite Ridge Resources, Inc. amended Third Amendment with Bank of America, N.A. valued at $300.0 million (effective 2024-04-01).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
$300.0 million
Effective
2024-04-01
Exact text from the filing
On April 1, 2024 (the “Amendment Date”), Granite Ridge Resources, Inc., a Delaware corporation (the “Company”), entered into the Resignation, Appointment, Assignment and Third Amendment to Credit Agreement (the “Third Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as resigning administrative agent, Bank of America, N.A. (“Bank of America”), as successor administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

Granite Ridge Resources, Inc. filing history →

Source: SEC EDGAR
accession 0001928446-24-000014
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.