Financing ·
On July 7, 2026, Phoenix Energy One, LLC entered into an indenture with Odyssey Transfer and Trust Company to issue up…
PHXE-PPhoenix Energy One, LLC
On July 7, 2026, Phoenix Energy One, LLC entered into an indenture with Odyssey Transfer and Trust Company to issue up to $100,000,000 in Senior Subordinated Junior Lien Notes. The Notes have a 10-year maturity and interest rates between 6.00% and 7.00% per annum, available as either cash interest paid monthly or compound interest. The debt is secured on a junior basis to existing Senior Debt under a Fortress Credit Agreement and is subject to a 1.00 to 1.00 Loan-to-Value Ratio covenant. A Junior Lien Intercreditor Agreement was also executed to establish priority of liens. The company operates in the energy industry and manages energy-related assets.