debt
confidence high
sentiment positive
materiality 0.40
Vitesse Energy amends credit facility; base $245M reaffirmed, commitment cut to $235M, margin down 25 bps
Vitesse Energy, Inc.
- Maturity extended to four years from the October 22, 2024 effective date.
- Borrowing base unchanged at $245 million; elected commitment reduced from $245M to $235M.
- Applicable Margin lowered by 0.25% for SOFR Loans and ABR Loans.
- No other material changes to the credit agreement disclosed.