• Devon Energy entered into a first amendment to its amended and restated credit agreement with lenders and letter of credit issuers, with Bank of America acting as administrative agent.
• The amendment extended the facility’s maturity date to March 24, 2031, from March 24, 2030.
• It also renewed Devon’s right to request three one-year maturity extensions, subject to approval by lenders holding more than 50% of total commitments.
• The amendment removed a 10 basis point credit spread adjustment to the SOFR-based rates under the credit agreement.

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. Devon Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-122224), on March 24, 2026, and is solely responsible for the information contained therein.