debt
confidence high
sentiment neutral
materiality 0.30
Infinity Natural Resources reaffirms $350M borrowing base, amends hedging covenants
INFINITY NATURAL RESOURCES, INC.
- Second Amendment to Credit Agreement executed May 29, 2025; borrowing base reaffirmed at $350M.
- Hedging requirements amended to adjust volume thresholds based on leverage and exposure levels.
- Individual commodity hedging notional volumes now limited to 100% of projected production per product.
- New hedging minimums: 25% of PDP if exposure 25-50% of commitments; 50% if >50% or leverage >1.0x.
- Credit parties reaffirm obligations and security interests; no new funds or change in commitments.
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