Permian Resources Amends Credit Agreement, Reaffirms $4 Billion Borrowing Base
Permian Resources Corporation, through its subsidiary Permian Resources Operating, LLC, has entered into the Tenth Amendment to its Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. serving as administrative agent and a group of lenders and guarantors. The amendment, executed on October 24, 2025, reaffirms the company's borrowing base at $4.0 billion and aggregate elected revolving commitments at $2.5 billion. Additionally, the amendment revises the applicable margin by introducing a new pricing grid for periods when the company holds an investment grade debt rating, and under certain conditions, reduces interest rates during such periods. These changes are designed to enhance Permian Resources' financial flexibility as credit conditions improve.
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