SM Energy Company has announced a fourth amendment to its existing credit agreement, enhancing its financial flexibility. The amendment increases the borrowing base to $5.0 billion and raises lender commitments to $2.5 billion. The company’s bank group has expanded to include 18 banks, with three new institutions joining. Additionally, the maturity date of the credit facility has been extended to January 30, 2031. According to company executives, these changes significantly improve liquidity and support the company’s plans to achieve investment-grade metrics and long-term value creation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SM Energy Company published the original content used to generate this news brief via PR Newswire (Ref. ID: LA74814) on January 30, 2026, and is solely responsible for the information contained therein.