Viper Energy Inc. has announced the entry into a new Credit Agreement on June 12, 2025, with Viper Energy Partners LLC as the borrower, alongside Wells Fargo Bank, National Association, serving as the administrative agent. This agreement replaces the previous Credit Agreement from July 20, 2018. Under the new arrangement, certain subsidiaries of the borrower have provided guarantees. The agreement includes customary representations, warranties, and covenants typical for unsecured financings, with a key requirement for the company to maintain a total net debt to capitalization ratio of no more than 65%. The transition also led to the termination of all commitments under the prior agreement, initially set to expire in 2028, with all related borrowings repaid and guarantees released. This move aims to streamline Viper Energy's financial structure and leverage its existing relationships with lenders.