debt
confidence high
sentiment neutral
materiality 0.60
Infinity Natural Resources amends credit agreement to ease restricted payment conditions
INFINITY NATURAL RESOURCES, INC.
- Fifth Amendment to Credit Agreement dated June 22, 2026, adds Senior Secured Leverage Ratio definition and amends borrowing base conditions.
- Restricted Payment Conditions revised: available commitment must be at least 20% of total commitment; leverage ratio ≤2.00x or ≤1.50x.
- New clause (q) allows restricted payments through Dec 31, 2026, if no loans outstanding, unrestricted cash >$10M, no default.
- Annual cap for other restricted payments increased to $30M, subject to leverage and availability tests.