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Permian Resources amends, restates $4 billion facility
By William Gullotti
Buffalo, N.Y., May 1 – Permian Resources Corp., via consolidated subsidiary Permian Resources Operating LLC, entered into a seventh amendment to its third amended and restated agreement with JPMorgan Chase Bank, NA as administrative agent on April 25, according to an 8-K filing with the Securities and Exchange Commission.
The amended facility reaffirmed the borrowing base at $4 billion and upped the aggregate elected commitments to $2.5 billion from $2 billion.
Relevant facility details, such as interest and maturity, were not disclosed in the filing.
Permian Resources is a Midland, Tex.-based oil and natural gas company.
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