secwatch.observer — SEC 8-K summary
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Issuer:     Summit Midstream Corp (SMC)
CIK:        0002024218
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0002024218-24-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Summit Midstream integrates Tall Oak assets: adds four subsidiaries as guarantors on $575M notes and ABL facility
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- On Dec 2, completed acquisition of Tall Oak Midstream; on Dec 4, added Tall Oak, Woodford, Arkoma, BCZ as guarantors under existing debt.
- Guarantors provided guarantees for $575M 8.625% Senior Secured Second Lien Notes due 2029.
- Guarantors granted security interests in substantially all personal property under Collateral Agreement Supplement.
- Entered Joinder Agreement to ABL credit facility, granting liens and guarantees for obligations.
- Executed Grantor Joinder to Intercreditor Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2024218/000202421824000046/0002024218-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2024218/000202421824000046/smc-20241204.htm
  HTML page:      https://secwatch.observer/filing/0002024218-24-000046

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