8-K - SM Energy Company | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

SM Energy Company announced the expiration of its cash tender offer on April 2, 2026, accepting $893,995,000 aggregate principal amount of 8.375% Senior Notes due 2028 originally issued by Civitas Resources, Inc.

Key Takeaways

1Tender offer expired April 1, 2026, with $110,390,000 Notes tendered after Early Tender Date.

2Total Notes accepted for purchase: $893,995,000, below $1,000,000,000 maximum.

3Includes $783,605,000 previously accepted on March 19, 2026.

4Settlement for late tenders on April 3, 2026.

5Notes originally issued by Civitas, assumed by SM Energy post-merger.

6No minimum tender condition; offer managed by BofA Securities and D.F. King.

Current Report Details

Event Type

Regulation Fd

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

Regulation FD Disclosure On April 2, 2026, the Company issued a press release announcing the expiration of the previously announced cash tender offer (the " Ten

Regulation Fd

$1.00B

9.01

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number: 99.1 | Description: SM Energy Announces Expiration and Final Tender Res ults of Previously Anno

Exhibits Only

Source Document

Transaction Details

Debt / Financing

Instrument: 8.375% Senior Notes due 2028
Principal: 1000000000
Maturity: 2028

Exhibits (2)

8-K

99.1

EX-99.1