Financing ·
Phoenix Energy One, LLC entered into Amendment No. 10 to its Amended and Restated Senior Secured Credit Agreement on…
PHXE-PPhoenix Energy One, LLC
Phoenix Energy One, LLC entered into Amendment No. 10 to its Amended and Restated Senior Secured Credit Agreement on August 12, 2026. The amendment established $75 million in new discretionary delayed draw term loan commitments, which were fully drawn on the effective date. This action reduced the remaining aggregate principal amount available for future draws from $225 million to $150 million. The loans carry a 3.00% original issue discount and are subject to repayment premiums targeting specific multiples of invested capital (MOIC) ranging from 1.15 to 1.18 depending on the loan group. Proceeds will finance oil and gas property development.