California Resources Corporation has announced that it has entered into a Seventh Amendment to its existing Amended and Restated Credit Agreement with Citibank, N.A., acting as administrative and collateral agent, along with a group of other lenders. The amendment, signed on October 29, 2025, introduces new lenders to the facility and increases the total elected commitment from $1.15 billion to $1.45 billion. The company stated that these changes are aimed at enhancing its financial flexibility.
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